I would like to lend $15000 to my parents they live overseas. Is any limit amount to send overseas without declaring?
2,261 views
2,261 views1 replies
1 replies
2,261 views
1 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Hey @Tuka,
If you're sending money to family or friends overseas as a genuine gift (you expect or receive nothing in return), it won't affect your taxes and you don't need to report it to us.
If you send money electronically, your bank or financial institution might limit how much can be transferred overseas in one go. And if you're sending more than $10,000 in cash, cheques or money orders, you'll need to declare it with Austrac.
Take a look at our guide Tax on gifts and inheritances for some more great info :)
All replies
Hey @Tuka,
If you're sending money to family or friends overseas as a genuine gift (you expect or receive nothing in return), it won't affect your taxes and you don't need to report it to us.
If you send money electronically, your bank or financial institution might limit how much can be transferred overseas in one go. And if you're sending more than $10,000 in cash, cheques or money orders, you'll need to declare it with Austrac.
Take a look at our guide Tax on gifts and inheritances for some more great info :)
Featured articles
5 Nov 2025 · 6 min read time
2 Dec 2025 · 3 min read time
24 Aug 2025 · 3 min read time