Search results

Thats cheap Norm. How long ago was this? I take it, that its a good deed, and your happy with it? Cheers mono

Hi Ggumpshots. As far as I know, a family trust election can be made on a Discretionary Trust, before the end of a financial year, if you are going to have more then 5 k of imputation credits, or have losses to carry forward. Im not sure, but I think perhaps this election is irrevocable once...

Hi, I think you confusing losses, with imputation credits. 5k is the maximum in imputation credits you can use, unless you make a Family Trust election. Cheers mono