Financial Adviser
#1
Honeybun
Thread Starter
Joined: Apr 2005
Location: Poole, Dorset to Perth WA
Posts: 76
Financial Adviser
Hello, I really need some help please. I wont have a lot of money to take with me to Oz, but have heard a financial adviser can help to save tax on money from sale of house and small work pension. Can anybody please point me in the right direction and suggest somebody not too expensive. I have heard that they are over £1,000 but understand that in the long run will save me money. Many thanks to all
Honeybun
Honeybun
#2
Guest
Posts: n/a
Re: Financial Adviser
Originally Posted by Honeybun
Hello, I really need some help please. I wont have a lot of money to take with me to Oz, but have heard a financial adviser can help to save tax on money from sale of house and small work pension. Can anybody please point me in the right direction and suggest somebody not too expensive. I have heard that they are over £1,000 but understand that in the long run will save me money. Many thanks to all
Honeybun
Honeybun
The pension ? Read the other thread on pensions at the moments.
http://britishexpats.com/forum/showthread.php?t=342542
#3
Honeybun
Thread Starter
Joined: Apr 2005
Location: Poole, Dorset to Perth WA
Posts: 76
Re: Financial Adviser
Originally Posted by ABCDiamond
You shouldn't pay any tax on the sale of your house, when you move over, unless it's very unusual cicumstances. No advisor should be required for that.
The pension ? Read the other thread on pensions at the moments.
http://britishexpats.com/forum/showthread.php?t=342542
The pension ? Read the other thread on pensions at the moments.
http://britishexpats.com/forum/showthread.php?t=342542
Thanks for that, but how to secure more interest on my money until I am ready to buy and not give the Oz government so much tax. It has been suggested that I put the money into superannuation
#4
Re: Financial Adviser
Originally Posted by Honeybun
Thanks for that, but how to secure more interest on my money until I am ready to buy and not give the Oz government so much tax. It has been suggested that I put the money into superannuation
#5
Guest
Posts: n/a
Re: Financial Adviser
Originally Posted by Honeybun
It has been suggested that I put the money into superannuation
Tax on genuine income, is, like Death, one of the things that we cannot avoid.
For most of us, it just isn't worth paying out a fortune in fees, to avoid a small amount of tax on income. However.... some people do just that.
I remember someone who paid $2,000 in fees and saved $1,000 in tax, and he said "Yes, but at least the Tax man didn't get it."