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Thanks for that picture Mry. It makes the 38% tax bracket look very appealing for easy, paperwork free, use of those funds. Thanks

And does the ATO require this loan to be repaid on paper only, or would they need physical payment. Just thinking if the $$$ is non liquid at time the loan agreement is expiring if there are other create options... Any MB out there who can comment on this from a lenders perspective please? :)

Leaning towards this option. Are there any other downsides if I go down this path? eg does it need to be repaid in certain amount of time or that is all dependant on a loan agreement? From a lending POV for any of the MB out there.... that commercial loan would then need to show up as a...

http://law.ato.gov.au/atolaw/view.htm?locid=%27TXR/TR20103/NAT/ATO%27&PiT=99991231235958 In planning for EOFY... just trying to sort out what to do with some suplus income. What are the experts opinions on using bucket companies after TR2010/3? Basically trying to find a way to: a) pay...