Money Transfer & Income Tax
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Joined: Jun 2006
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Money Transfer & Income Tax
Hello all,
I don't know wether this question has been raised before but I need your answer please.
- If I transfer some money to my wife who is currently in Australia, will this amount be taken as an income for her when making tax returns?
- If the transfer is made from my account abroad to my AU bank account after I might have started living there, will this be treated as taxable income for me?
Thanks for your help.
Regards.
Topy.
I don't know wether this question has been raised before but I need your answer please.
- If I transfer some money to my wife who is currently in Australia, will this amount be taken as an income for her when making tax returns?
- If the transfer is made from my account abroad to my AU bank account after I might have started living there, will this be treated as taxable income for me?
Thanks for your help.
Regards.
Topy.