Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Pomms/Aussies Obsessed By Property

Pomms/Aussies Obsessed By Property

Old Aug 13th 2007, 7:54 am
  #61  
Forum Regular
 
Joined: Jul 2007
Location: Worcester, England
Posts: 48
Amanda Jayne is an unknown quantity at this point
Default Re: Pomms/Aussies Obsessed By Property

Originally Posted by annqldau View Post
Think they think you will have downsized before then as Aussies love to downsize to a cute little unit.
In the UK that would be better, release the equity and spend the cash before the government get their hands on it in the form of inheritance tax. That's if they haven't already forced you to sell it to pay for your Social Services care package. Do they have such a thing down under (Inheritance Tax)?
Amanda Jayne is offline  
Old Aug 13th 2007, 8:09 am
  #62  
 
Joined: Oct 2005
Posts: 9,066
annqldau is an unknown quantity at this point
Default Re: Pomms/Aussies Obsessed By Property

Originally Posted by Amanda Jayne View Post
In the UK that would be better, release the equity and spend the cash before the government get their hands on it in the form of inheritance tax. That's if they haven't already forced you to sell it to pay for your Social Services care package. Do they have such a thing down under (Inheritance Tax)?
Yep when we inherit from the UK if there's anything left the Aussie Gov will take a fair chunk.
annqldau is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.