migrating to Oz - tax on offshore investments
May 28th 2004, 9:23 pm
#31
Banned
Joined: Jan 2004
Posts: 47
Re: Re Pensions
Originally posted by sjn2003
Sounds to me like you need to find a good accountant not just any old tosh financial adviser you may come across on the internet - then you might get the right answer
Sounds to me like you need to find a good accountant not just any old tosh financial adviser you may come across on the internet - then you might get the right answer
I have had to tell some Oz/Uk financial advisers of some facts which they have then checked for themselves and then agreed with me.
May 28th 2004, 9:31 pm
#32
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Re: Re Pensions
Originally posted by Kiwipaul
WRONG
I think you are confuseing a question on the Supplementary Tax return that asks you if you have assets of MORE than $50,000 abroard.
I've always answed YES to this and they have never yet querried what I have abroard or where it is. I just declare the income and tax paid abroard. You don't even have to provide doc evidence of what tax you've paid or what income you have recieved. yhey just want a total of foreign income and tax.
WRONG
I think you are confuseing a question on the Supplementary Tax return that asks you if you have assets of MORE than $50,000 abroard.
I've always answed YES to this and they have never yet querried what I have abroard or where it is. I just declare the income and tax paid abroard. You don't even have to provide doc evidence of what tax you've paid or what income you have recieved. yhey just want a total of foreign income and tax.
Thats why I said I was not sure and would be taking advice.
Best wishes
G
May 28th 2004, 11:01 pm
#33
Happy Daddy
Joined: Aug 2003
Location: Dodgey West Midlands , UK
Posts: 1,312
Re: Re Pensions
Originally posted by Grayling
Thanks Kiwipaul
Thats why I said I was not sure and would be taking advice.
Best wishes
G
Thanks Kiwipaul
Thats why I said I was not sure and would be taking advice.
Best wishes
G
would you let us know what they advise
I hgave a company final slary pension and would prefer to leave it in the UK if possible.
Bye
Mark
May 29th 2004, 12:51 am
#34
da Bonehead
Joined: Jan 2004
Location: Lion in da jungle
Posts: 22,767
Re: Re Pensions
Originally posted by markeh
Hiya Grayling,
would you let us know what they advise
I hgave a company final slary pension and would prefer to leave it in the UK if possible.
Bye
Mark
Hiya Grayling,
would you let us know what they advise
I hgave a company final slary pension and would prefer to leave it in the UK if possible.
Bye
Mark
Believe you have access to the dosh and your partner gets full pension if you pop it - unlike UK.
Anyone remember the thread that covered this ?
May 30th 2004, 5:23 am
#35
Class 2 Guru
Joined: May 2004
Location: Where the stars look very diff-e-rent today... and tomorrow!
Posts: 1,124
Re: Re Pensions
Originally posted by Bix
Check that out Mark as I believe the OZ pension tax laws were or have just changed meaning it could be an attractive proposition to transfer your pension to OZ.
Believe you have access to the dosh and your partner gets full pension if you pop it - unlike UK.
Check that out Mark as I believe the OZ pension tax laws were or have just changed meaning it could be an attractive proposition to transfer your pension to OZ.
Believe you have access to the dosh and your partner gets full pension if you pop it - unlike UK.
Cheers
MarkMyWords.
May 30th 2004, 12:13 pm
#36
da Bonehead
Joined: Jan 2004
Location: Lion in da jungle
Posts: 22,767
Re: Re Pensions
Hi guys.
Did a search on "pension transfer" and loadsa info came up - check it out.
In the meantime this is the one I was looking for....
http://finance.news.com.au/common/st...E23649,00.html
Did a search on "pension transfer" and loadsa info came up - check it out.
In the meantime this is the one I was looking for....
http://finance.news.com.au/common/st...E23649,00.html
