Small investor exemption

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This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Direct interests in FIFs and FLPs

For the small investor exemption, keep a record of how you worked out your aggregate interests and those of your associates in foreign companies, foreign trusts and foreign life policies. The aggregate must show that the amount of those interests is $A50,000 or less at the end of the notional accounting period.

Direct interests in resident public unit trusts

Keep a record of how you and your associates worked out your aggregate interests in any FIFs, FLPs and resident public unit trusts. The aggregate must show that the amount of those interests is $A50,000 or less at the end of the notional accounting period.