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Forum: Australia

Jun 17th 2005, 8:03 am

Replies: 21

$ @ 2.35

Views: 2,220

Posted By renth

Re: $ @ 2.35

Damn right, although I'm reckon the mortgage goes on the other side of the ledger. You need to either talk to an accountant or call the ATO for all the info.

Forum: Australia

Jun 17th 2005, 7:38 am

Replies: 21

$ @ 2.35

Views: 2,220

Posted By renth

Re: $ @ 2.35

So long as you don't buy another house in Australia you have 6 years in which to flog your house in the UK without incurring capital gains tax. You have to declare the rent as income.

Forum: Australia

Jun 17th 2005, 6:38 am

Replies: 21

$ @ 2.35

Views: 2,220

Posted By renth

Re: $ @ 2.35

Ahh, don't know mate. But if you left it in the UK, moved to Aus and the exchange rate went in your favour you might have to. You might be OK if you brought it over within 6 months - don't know if it...

Forum: Australia

Jun 17th 2005, 6:33 am

Replies: 21

$ @ 2.35

Views: 2,220

Posted By renth

Re: $ @ 2.35

I considered that, but do you realise you are liable for the capital gain?

Forum: Australia

Jun 17th 2005, 6:29 am

Replies: 21

$ @ 2.35

Views: 2,220

Posted By renth

Re: $ @ 2.35

Bit of each I reckon. It's caused me to take my house off the market in the UK despite having buyers.

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