13-03-2022, 07:41 PM
(13-03-2022, 07:23 PM)king1 Wrote:Why should he do either.  He worked hard all his life from 15 years old.  The money he has is of the back of that and multiple levels of sacrifice.  Years of owning and running businesses,  employing staff and paying taxes.(13-03-2022, 07:06 PM)Wainuiguy Wrote: Is it targeted?  My dad who has 2 mil in the Bank gets it - he spends it on beer.  Many similar.   Targeted like a shotgun blast.of course it is - but it is not asset tested, it is income tested...  Tell dad to give it to charity if he doesn't need it, actually he could probably offload a bit more to charity as well...