Money Remittance for student

Question

 · Accepted Answer

EthanATO · Answer

By the sounds of it this would be considered a gift from your parents to help you out. Gifts aren't taxable in Australia and there isn't any limit on how much money they can send you. We have an articles on gifts (https://community.ato.gov.au/s/article/a079s0000009GnF/tax-on-gifts-and-inheritances) that might be worth having a read through.

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