Introduction to PSI and income splitting

Описание к видео Introduction to PSI and income splitting

ON GENDER: Gender of the main income earner is irrelevant. Do not assume "dad" will be main breadwiner

ON INCOME SPLITTING: This arrangement is ineffectual (at best) or illegal (at worst). Even still it's better to understand how the scheme works before trying to understand the ATO's PSI rules.

There isn't much here on PSI, instead this video will show you why we have a PSI regime. The rule themselves can be found in the text, however textbooks often fail to explain why we need the system. This video will tell you why.

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