Advise on the tax implications of the above for her

Reference no: EM133610966

Question: Trish is 16 years old. In the current income year, she had derived $15,000 income from a discretionary trust which was created by her grandfather. She is running a lemonade stall and her share of profit earned was $22,000. Advise on the tax implications of the above for her or trustee.

Reference no: EM133610966

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Advise on the tax implications of the above for her : She is running a lemonade stall and her share of profit earned was $22,000. Advise on the tax implications of the above for her or trustee

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