Tax Questions Answered

This advice is general in nature and should not be acted upon without first obtaining professional advice on your particular circumstances.Please note that the answers, to other people’s questions, that you see here, are very specific their question. You cannot rely on them for your particular circumstances. Further, if you do askbantacs, before you act on your answer, you need to run it past your Accountant, who will understand the wider implications to your particular situation.

Category «Trusts»

Lending Money to Discretionary Trust to Buy Shares

Question I am about to draw just under $200k in equity from my home. I intend to instruct the mortgage broker to split the loan. There will be two offset accounts. There will be the existing home loan which will be linked to one offset account. There will be a second loan linked to the …

Discretionary trust – investing in shares with borrowings

Question I’ve recently released some equity from my home and want to invest in the stock market via my Discretionary Trust (Family Trust) of which I am the sole beneficiary and director of the corporate trustee. I’ve got some general questions around this: Thanks Answer Thank you for a great question and making it available …

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