• The place to find the right expertise and make better decisions
  • Find the right expertise
Joanna S.
Joanna S.
Mckinnon, VIC

Hi, my family sold a property overseas and want to send me money as a gift. Do I pay tax on money received as gift from an overseas account and is there an amount that is free of tax? Thank you!

9 months ago


Hi there,

There is no gift tax in Australia however you may get questioned by AUSTRAC.

Also the ATO may consider this income and you may need to prove it is not because it was a gift.



Thank you, appreciate it, it's a very helpful reply!

Your Answer

If you wish to include a video or audio response, you can do this by including links to Youtube, Vimeo or SoundCloud (https://www.youtube.com/watch?v=xxxxxxxxxx OR https://vimeo.com/xxxxxxxxx)

<% error.message %>