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Does anyone know...

Does anyone know...

Old Oct 19th 2004, 9:02 pm
  #1  
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Default Does anyone know...

...Does anybody know about gifts of money. I'll explain:

I am selling my car to my Dad, yet, I don't need the money just yet, and he hasn't got the money yet. So, could he give me the money in Aus$ when he visits after the six months tax free period. It will be about $6500.

Got any ideas! :shhh:
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Old Oct 19th 2004, 9:34 pm
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Default Re: Does anyone know...

Originally Posted by avroncotton
...Does anybody know about gifts of money. I'll explain:

I am selling my car to my Dad, yet, I don't need the money just yet, and he hasn't got the money yet. So, could he give me the money in Aus$ when he visits after the six months tax free period. It will be about $6500.

Got any ideas! :shhh:
If you use it to buy groceries or beer or spend it on entertainment who's ever going to know that's assuming he brings you cash or trav.cheques.
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Old Oct 19th 2004, 9:46 pm
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Default Re: Does anyone know...

Originally Posted by cresta57
If you use it to buy groceries or beer or spend it on entertainment who's ever going to know
Everyone who reads this thread for starters. But if anyone asks, I know nothing
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Old Oct 19th 2004, 10:09 pm
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Default Re: Does anyone know...

Originally Posted by moneypen20
Everyone who reads this thread for starters. But if anyone asks, I know nothing
lol
You can of course bring up to 10 k in cash into the country without declaring it.


Note to self stop posting useful info or you'll get a reputation
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