Terryw wrote:
Unlimited from the trust point of view.If you are talking tax, then you have to look up the ATO website and find children's tax rates and also consider the low income rebate.I think it is about $3,600 pa before they have to pay tax now – this is on unearned income. If they have jobs and get salary etc, then they are taxed at adult…[Read more]

Terryw wrote:
the trust deed will determine this. usually there is no limit

Terry, how about children's age Vs how much can be distributed? hk0617

Good morning to all experts, I am looking for information on how much can a family trust disdtribute imcomes to its beneficiary (family members)? Can someone tell me where can I look this up?HK0617