What happens in the case of a stay at home parent? No income but half a house

Posted by 74tp on December 09, 2016

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Tristan Kiddie tagged this with i have the same question 2016-12-10 15:01:32 +1300
Rebecca Hesketh commented 2016-12-10 08:02:49 +1300

Oliver – I think the policy is a good idea and am just trying to get my head around the different impacts of it. If a person has no income (like a stay at home parent) they can’t pay tax on other assets. In most cases I assume this will be fine – the offset in spouses income tax will be used to pay this new tax – however what if that person doesn’t pay it? If it is tax in the name of the stay at home parent does the spouse have to pay? Does the stay at home parent have an ever increasing tax debt? I was just wondering what the plan was to address this potential issue.
Tim O'Donnell commented 2016-12-09 22:49:58 +1300

Why would it be different for them?
Oliver Krollmann followed this page 2016-12-09 20:34:25 +1300
Rebecca Hesketh published this page in Ask a question about policy #1 2016-12-09 17:32:00 +1300