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ausalex(Newbie)Newbie
30 May 2023

The loan is no interest and no repayment by my brother in Hong Kong, who will repay it when the property is sold.

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3 replies
289 views
3 replies

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Most helpful reply

AriATO(Community Support)Community Support
2 June 2023

Hi @ausalex


Are you borrowing money to renovate a property you live in? You wouldn't have to pay tax on a loan. You'll need to check with Centrelink to see if that affects your age pension.

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WendyATO(Community Support)Community Support
1 June 2023

Hi @ausalex,


Sorry, not sure exactly what you are trying to ask here.


Can you please provide further information and what your question is in relation to this situation?



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A oversea relative loan to upgrade the existing property. | ATO Community