bridiej

Right, thinking ahead a bit I'm going to need to set up a business bank account.

Problem is that most of my money will be paid in GB£.

What's the best Oz bank account for small businesses?

And anyone got an idea of how I would go about being paid in GB£ without being charged a fortune for conversion to AU$?

Thanks

Jacko1

Sounds like a major taxation headache to me. However, I did this for awhile and had the £ paid into a UK account and then took it out as and when required (in Aus) via ATM card, rate sare generally OK.
But the Tax man in the UK and over here wants/needs to know all about it, best get sound advice from a tax expert, with knowledge of both countries procedures.

Good Luck

Paul J

gdcollectables

Hi Bridie

there's a few on adbrits who receive UK pensions, you might get a response on there!

Jules

bridiej

Thanks Paul and Jules

I've got a number from my agent of a finance specialist - think I'll pick his brains about that one!!!

JayDeee

I foyu are going to do it with a UK account, Nationwide are the best for taking money out overseas, NO atm or card use charges and the rate is usually pretty good
Kala

bridiej

Thanks Kala

I can see this is not going to be as straightforward as I first thought.....