Tax question on the AOS bond
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Tax question on the AOS bond
Hello,
just wanted to ask if anyone knows what part of the AOS bond which is lodged with the Commonwealth Bank is "taxable"? It should be just the interest, right? Had an accountant insisting that the whole bond sum should come under income? But that doesn't sound right to me at all!
Thanks
Michelle
just wanted to ask if anyone knows what part of the AOS bond which is lodged with the Commonwealth Bank is "taxable"? It should be just the interest, right? Had an accountant insisting that the whole bond sum should come under income? But that doesn't sound right to me at all!
Thanks
Michelle