You need tax advice.
In property (and I don't see why shares would be different) husband and wife would taint each other.
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It sounds to me like the moral of the story is if you do your best to pay minimal tax on shares, make sure you have your calculations and thinking well documented. I'm still pretty bitter over paying the top rate on my Kiwisaver since inception while others wrongly checked the 10% box (knowingly or otherwise - surely it's a lot more black and white vs tax on shares) and have gotten away with it for years, only to see the wet government of the day do nothing about it...well if that doesn't send a message...
I get discount brokerage from ASB. Brokerage fees to me are good, it goes toward my losses. Your way, you can have your money sitting there collecting div every 6 months which is good. My way, instead of leaving it sitting there, will put it into another com. for a while and collect that div. eg get a $5,000 div every 6 months, or get two $5,000 divs. every 6 months and so on. You can buy into 10 different companies over that 6 months period and receive 10 times your $5000 div. all good which ever way you go. PS Meetup Auckland is having another share trading meeting next Thursday at 5pm if you are interested. Might be able to share more info on anything.
Just reading from Synlait " allowed us to extend our supply agreement with The a2 Milk Company to July 2025 (at the earliest), providing increased term and volume, over the products for which Synlait have exclusive supply rights for Australia, New Zealand and China"
So obviously Mataura Valley Milk either isn't in competition with them (by supplying other markets - unlikely), or they had some sort of an exemption for majority A2 owned suppliers? Seems like a bit of a contradiction.