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Forum: Australia

Jan 19th 2012, 12:11 am

Replies: 3

Tax alien

Views: 1,428

Posted By unclebob

Tax alien

Hi Everyone,
I wonder if anyone has any precedent on this.

I have heard of people closing a business in the uk and realising the capital gain outside of the uk, say on a holiday (which according...

Forum: Australia

Jan 19th 2012, 12:02 am

Replies: 26

Capital Gains Tax on UK bank balances

Views: 4,260

Posted By unclebob

Re: Capital Gains Tax on UK bank balances

Thank you for that! This is very helpful.

Forum: Australia

Jan 18th 2012, 8:29 pm

Replies: 26

Capital Gains Tax on UK bank balances

Views: 4,260

Posted By unclebob

Re: Capital Gains Tax on UK bank balances

Thank you for this. I found the relevant link on the ATO website and it proves promising. I can use both mine and my wifes allowance of 250K .:)

Forum: Australia

Jan 17th 2012, 8:05 pm

Replies: 26

Capital Gains Tax on UK bank balances

Views: 4,260

Posted By unclebob

Re: Capital Gains Tax on UK bank balances

Thank you for all the replies.

The amount I am talking about was designed (before the GBP dropped so much) to buy a house in Sydney, so it is more that 250K Australian.

If it is taxable, I...

Forum: Australia

Jan 16th 2012, 11:07 pm

Replies: 26

Capital Gains Tax on UK bank balances

Views: 4,260

Posted By unclebob

Capital Gains Tax on UK bank balances

Hi everyone,

Wondering if you can help me :) I have heard that if you have money in a uk bank account when you move to Australia, any money you make from the improvement in the exchange rate of...

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