Taking amounts of cash to Australia when emigrating??
#1
Taking amounts of cash to Australia when emigrating??
I am planning on immigrating to Australia in 2010 after I spent 18 months there in 2003/04 and fell in love with the country, people and way of life.
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
#2
classy clipper
Joined: Apr 2005
Location: perth W.A.
Posts: 180
Re: Taking amounts of cash to Australia when emigrating??
I am planning on immigrating to Australia in 2010 after I spent 18 months there in 2003/04 and fell in love with the country, people and way of life.
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
#3
Re: Taking amounts of cash to Australia when emigrating??
I am planning on immigrating to Australia in 2010 after I spent 18 months there in 2003/04 and fell in love with the country, people and way of life.
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
http://britishexpats.com/forum/forumdisplay.php?f=72
re cash if your bring hard cash declare it at customs as limit is $10k and no you wont be taxed on it as youve already paid tax in the uk
and finally welcome to BE
regards steve
#4
Re: Taking amounts of cash to Australia when emigrating??
I am planning on immigrating to Australia in 2010 after I spent 18 months there in 2003/04 and fell in love with the country, people and way of life.
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
My question (if anybody reads this) is I plan to take around £20,000 GBP with me to set me up and buy a car etc (I know 2010 sounds a way off but as a nurse on crap pay I have been saving for ages and will continue to save up), will I get taxed in Oz on this amount? I am asking way in advance as if I am going to get taxed etc I will have to save up more cash as I do want to take £20k!
Many thanks to anyone who can answer this question
ps i am sorry if this is a common question but i am new to this forum and i am not sure where to find the topic
#5
Re: Taking amounts of cash to Australia when emigrating??
As far as i am aware you will not be liable for any tax in australia as you were not tax resident there when you earned the money also one would assume tax has already been paid in wher you were a tax resident when you earned the money also there is a double taxation treaty between the two countries which basically means tax paid in one or the other means you will only be taxed once.
thanks for your reply
am
#6
Re: Taking amounts of cash to Australia when emigrating??
omg....this is great i am getting loads of answers/help
many many thanks to you all
many many thanks to you all