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FHSS Scheme

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First Home Super Saver scheme - elegibility of trust beneficiaries.  

 

My question relates to eligibility for the FHSS scheme if an individual is a trust beneficiary.  

 

The ATO Guidance Note SPR GN 2018/1 states that, if you are the beneficiary of a trust, "eligibility will depend on the particular rights you have as a beneficiary".

 

Assuming that the trust in question holds real property, what are the beneficiary rights which will affect eligibility for the FHSS?

 

Thanks.  

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HI @bwin,

 

Welcome to the Community.

 

We can provide general information here on Community, however determining your eligibility for the FHSS scheme when you’re a beneficiary of a trust can be complex.

 

We’d encourage you to request interpretive advice to determine your eligibility for the FHSS scheme.

 

You can write to us at:

 

Australian Taxation Office
PO Box 3100
PENRITH NSW 2740

 

You can also fax your request to 1300 669 846.

 

Thanks, NicM.

1 REPLY 1
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Best answer

Community Support

Replies 0

HI @bwin,

 

Welcome to the Community.

 

We can provide general information here on Community, however determining your eligibility for the FHSS scheme when you’re a beneficiary of a trust can be complex.

 

We’d encourage you to request interpretive advice to determine your eligibility for the FHSS scheme.

 

You can write to us at:

 

Australian Taxation Office
PO Box 3100
PENRITH NSW 2740

 

You can also fax your request to 1300 669 846.

 

Thanks, NicM.