Is My Accountant Being Aggressive re: Income Splitting Legislation?

[WordIsBond]

Firstly if the kids spouses never become higher rate tax payers then having the shares is fine. Otherwise they have an additional personal tax liability.

Secondly some employers do ask you to list the shares you own and then can make you sell them if there is a possibility of a conflict of interest between their business and the shares you own.

Thanks for that. Seems easy to resolve at the time, they can just sell or gift back the shares to their spouse if an employer insists. Likewise if efficient tax planning indicates that would be better.

But it's helpful to be aware of these things, and I'll mention it to them.