UK Shares
Jul 3rd 2008, 1:09 pm
#1
BE Enthusiast
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Joined: Apr 2006
Location: Mount Barker, SA
Posts: 827
UK Shares
Are we allowed to keep our UK shares when we move to Oz? What happens should we need to sell them etc?
Any advice welcome
Any advice welcome
Jul 3rd 2008, 2:03 pm
#2
ah-beng
Joined: Aug 2004
Location: ^.^
Posts: 3,113
Re: UK Shares
when you move to australia any assets you have are re-assessed at the value when you enter the country - so for tax purposes you only pay tax on the gain from the price when you enter australia vs the price you sell them for ultimately.
Jul 3rd 2008, 6:28 pm
#3
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Thread Starter
Joined: Apr 2006
Location: Mount Barker, SA
Posts: 827
Re: UK Shares
Fab. Just what I wanted to hear! Thanks.
