Bermudashorts

I thought you said you didn't want to come when it would be hot!

We moved in July. It was a bit odd to leave sunny UK and arrive into dreary rain. I had to buy a coat when I got here as other than a rain mac which was not thick enough, my coats were in the container.

It is nice now, I think Sept / Oct are good months. I am hoping I will build up some tolerance to the sun gradually before summer gets here.

Sherlock Holmes

Second Saturday in November in Victoria for the last 5 years. (I remember these as it is our town show weekend and I'm involved in it.

2005 - 37

2006 - 19 and rain

2007 - 27

2008 - 16

2009 - about 5 million degrees (but near to zero and fog early on)

This can happen just about any time of year hear.

Alfresco

moneypenny20

If you leave after a UK winter, there's no way you're going to suffer with an Australian winter, it would be positively balmy by comparison.

itxrd

Why's everyone going on about the weather. Any weather here is better than the uk

Here there are tax thresholds. Tax rates 2010–11 for PR people

Taxable income
Tax on this income

0 – $6,000
Nil

$6,001 – $37,000
15c for each $1 over $6,000

$37,001 – $80,000
$4,650 plus 30c for each $1 over $37,000

$80,001 – $180,000
$17,550 plus 37c for each $1 over $80,000

$180,001 and over
$54,550 plus 45c for each $1 over $180,000.

For non res (457 etc) rates are:

Taxable income
Tax on this income

0 – $37,000
29c for each $1

$37,001 – $80,000
$10,730 plus 30c for each $1 over $37,000

$80,001 – $180,000
$23,630 plus 37c for each $1 over $80,000

$180,001 and over
$60,630 plus 45c for each $1 over $180,000

So I would take that into account and come between when you can earn just below the most realistic amount and the end June (end of the Oz tax year).

So for someone with PR you come in Jan time. You earn 80k/12 = 6.6k per month. You pay 0% on 1st month (6k) and 15% on the rest (33.6k) = 5k. So $5k tax bill and then your yr starts again. Basically you get to enjoy the lower tax rate for an additional 6 months.

All this obviously depends on your income but you will be glad you did this when doing your tax return. I'm not saying this should be the sole reason for coming here at a certain time but as good a reason as the weather

p.s I've had a bottle of red so if my figures are out blame dan murphy cleanskins. Should catch my drift. Makes bigger difference if you have PR and maybe thats why its not mentioned much

Dreamy

Is that right?

We came out on a temp visa and I realise you're talking about someone on PR above, but OH was taxed as if he'd been earning the same amount all year, which meant we had a great tax rebate the first year.

itxrd

Don;t follow.

p,s am on 2nd bottle now

Bermudashorts

The bit suggesting that 457 visa holders are taxed as non residents is certainly not right.

Visa status and tax residency are not the same thing. A 457 holder would be taxed in the same way as a PR holder (excepting for things such as LAFHA) other than a temporary visa holder is not necessarily taxed on all overseas income.

itxrd

Oh okay. Got that bit wrong.

So its better to come half way through the year for everyone

Bermudashorts

I probably wouldn't base my decision on tax at all to be honest. However if somebody moved a few months into the UK tax year then most of the personal allowance would be unused so they should get a reasonable rebate when they leave which would be a bit of a bonus.

itxrd

'I'm not saying this should be the sole reason for coming here at a certain time but as good a reason as the weather'

Its amazing how no one seems to mention this. I'd rather have $10k in my pocket in 1st yr of arriving than with tax man.

cdb

I cam over at the start of the Aussie winter as theres nothing worse than trying to move house in the heat, Also it makes the transition easier,

Coppock

thanks everyone... think i'm going to apply for the visa in March - that way it should be here in time for autumn so we can go in oct/nov...

and if I leave it til March i'm guessing it's going to take a month or two to be approved and I think we have 12 months to move once approved - so if for some reason things don't go to plan (do they ever!) we can delay the move until March/April without being charged to apply again...
I'm thinking that's the best course of action anyhow

thanks!
Jen

mabozar

What is your business?

Carol

Coppock

Design & marketing, specialising in top 5 result guaranteed SEO results on Google (Search engine optimisation)

It can be done remotely luckily so we can keep the UK branch running once we've made the move and try to set up in Melbourne.

Jen