Income Shifting overview

[aceboy]

Afternoon, does anyone have a "beginners guide" to income shifting?

Thanks

[lambrini_socialist]

Afternoon, does anyone have a "beginners guide" to income shifting?

Thanks

download a J30 (stock transfer) form from anywhere. fill it in, shove it in a draw with your other company documents, Rizla papers, 3 month old TV schedules etc, and commence ejaculating cash into your wife's willing, grateful bank account. just don't forget to do her tax return at the end of the year. at least, that's my understanding.

[oracleslave]

commence ejaculating cash into your wife's willing, grateful bank account

[BolshieBastard]

Afternoon, does anyone have a "beginners guide" to income shifting?

Thanks

Yeah its not an issue until at least 2010. Gov have deferred any legislation again.

[aceboy]

Thanks to eveyone so far....

Yeah its not an issue until at least 2010. Gov have deferred any legislation again.

I saw that bit, which is what got me interested. Are there any guideline on how much is deemed as an acceptable payment? and what steps are required to set this up?

Thanks