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Investing in Shares for Children: Common Misconceptions and Tax Facts
Investing in shares for your children or grandchildren can be a great way to kick-start their financial future. Many Australian families want to set aside shares for education, a first home, or simply to teach their kids about investing from an early age. However, there are some common misconceptions about how these investments are taxed and who is legally responsible. It’s important to understand the tax rules and structure things correctly; otherwise, you could face unexpec
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