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To reduce tax on interest gained on savings

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Transferring 100,000 AUD to my wife' s account to save the tax on interest earned on this savings..my wife is unemployed. Is it a good idea to transfer savings to her account.
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Taxicorn

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@Vimal1 

 

As long as you trust her...Smiley Very Happy

 

Yes as long as she has no other income.

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Best answer

Taxicorn

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@Vimal1 

 

As long as you trust her...Smiley Very Happy

 

Yes as long as she has no other income.

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