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Most helpful response

Most helpful reply

EthanATO(Community Support)Community Support
31 Mar 2022

Hi @NurseEdithEdix2,


Gifts not connected to any income earning activities won't have any tax implications. This should apply to both your side and your fathers. We have a helpful article on gifts that would be worth having a read through too.

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Most helpful reply

EthanATO(Community Support)Community Support
31 Mar 2022

Hi @NurseEdithEdix2,


Gifts not connected to any income earning activities won't have any tax implications. This should apply to both your side and your fathers. We have a helpful article on gifts that would be worth having a read through too.

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my father is a self funded retiree. can he gift me 200,000. without tax etc | ATO Community