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Immigration Forum / Australia and NZ / March 2006Bill Exempting Temporary Residents from Tax in Australia Approved by Parliament
More details are here: http://www.gomatilda.com/news/article.cfm?articleid=379 Best regards.  SignatureAlan Collett of Go Matilda, http://www.gomatilda.com > More details are here: > http://www.gomatilda.com/news/article.cfm?articleid=379 > > Best regards. I hope this goes through. I'm moving to Brisbane on a 457 temporary visa and a sit stands we rent our house in the UK and its taxable income as it stands now! > I hope this goes through. I'm moving to Brisbane on a 457 temporary > visa and a sit stands we rent our house in the UK and its taxable > income as it stands now! Does this mean as a Business Skills visa holder we can possible move pension funds without tax? Not really sure how this will work. Also we can sell property in Greece once there with no CG tax? I guess there has to be SOME benefits for a temp visa > Does this mean as a Business Skills visa holder we can possible move > pension funds without tax? Not really sure how this will work. > > Also we can sell property in Greece once there with no CG tax? > > I guess there has to be SOME benefits for a temp visa In response to your second question: quite possibly ... though I am reticent about giving categoric advice on a discussion forum without having the full details to hand. In response to your first question: hmmm ... not sure. I think section 27CAA will probably continue to apply to temporary residents, but it may not be possible for temporary residents of Australia to secure a transfer of their pension fund out of the UK (though this might change with the new pension regime in the UK from the 6th of April). Because of the possible tax at stake I would have to recommend taking professional advice on both issues. Best regards. SignatureAlan Collett of Go Matilda, http://www.gomatilda.com > In response to your second question: quite possibly ... though I am > reticent about giving categoric advice on a discussion forum without [quoted text clipped - 11 lines] > > Best regards. Thanks Alan we will be seeing our UK accountant soon and our financial advisor for that matter (think I had better give them the questions first so they can do some homework!) We may need to consult someone with more international experience though -any recommendations here in the UK ?(Greater Manchester but will travel!). > Thanks Alan we will be seeing our UK accountant soon and our financial > advisor for that matter (think I had better give them the questions > first so they can do some homework!) We may need to consult someone > with more international experience though -any recommendations here in > the UK ?(Greater Manchester but will travel!). Alan Colletts own company does have offices in the UK. Cheers Buzzy |
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