What is the tax situation?
#1
BE Forum Addict
Thread Starter
Joined: Oct 2006
Location: Brisbane
Posts: 1,492
What is the tax situation?
If you move to Australia, rent out your house and have shares in a UK company where do you stand with regards to tax? Do you pay UK tax or Oz tax? Also will you be affected by capital gains tax in the UK if you sell your property in say five years time?
Debbie
Debbie
#2
Bitter and twisted
Joined: Dec 2003
Location: Upmarket
Posts: 17,503
Re: What is the tax situation?
CGT depends on whether you buy another property in Australia or not.
There are different tax rules for different visas....best to take expert advice.
G