Really stupid tax question
OK I'm 99.9999% sure this is a daft question but it's one I can't seem to find the answer to apart from in my head. My daughter is 15 and works a few hours a week. She doesn't pay tax on her earning. Am I right in assuming I don't have to complete a tax return for her?
There's a part of my brain that says maybe the ATO want the details of her work anyway :unsure: |
Re: Really stupid tax question
Not a stupid question at all!
Possibly the answer is no because no tax has been paid but it is not as simple as that if a payment summary is issued with reportable FBT etc. Anyway go here and follow the questions - this will allow you to know for sure :) http://www.ato.gov.au/individuals/co...tent/16131.htm Let me know if you have any questions |
Re: Really stupid tax question
Originally Posted by Sandra
(Post 6699344)
Not a stupid question at all!
Possibly the answer is no because no tax has been paid but it is not as simple as that if a payment summary is issued with reportable FBT etc. Anyway go here and follow the questions - this will allow you to know for sure :) http://www.ato.gov.au/individuals/co...tent/16131.htm Let me know if you have any questions |
Re: Really stupid tax question
Originally Posted by moneypen20
(Post 6699354)
Thanks Sandra. That was the section I had looked for but not found - obviously having a 15 year old look as opposed to a Mother's look ;) No she doesn't so that leaves me two to do. Joy!:D
Now I am getting a tax accountant for mine this year as hopefully I can gain on some overseas travel. Enjoy Your tax Returns! |
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