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Hex debt

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Newbie

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My parents gave me some money for my house will the ATO take it for my hex debt
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Taxicorn

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@Bjay 

 

If you are talking about a HECS debt then no, it is a gift and not taxable.

 

1 REPLY 1
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Most helpful response

Taxicorn

Replies 0

@Bjay 

 

If you are talking about a HECS debt then no, it is a gift and not taxable.