If you are planning on moving to Australia from the UK, or have recently moved to Australia from the UK you will need tax advice on how best to structure your affairs. Similarly, if you are planning a move to the UK, from Australia, we can advise you on the best way to negotiate the complexities of the UK and Australian tax laws:
Australian tax advice on:
- Whether you are an Australian tax resident.
- Whether you qualify as a temporary resident for Australian tax purposes and therefore are only required to pay tax on your Australian source income.
- Australian capital gains tax on becoming Australian tax resident or departing Australia.
- Australian main residence relief on the sale of your home.
- Australian withholding taxes.
- Availability of foreign income tax offset (FITO).
- The application of the UK/Australian Double Tax Agreement.
UK tax advice on:
- Whether you are a UK tax resident under the UK Statutory Residence Test.
- The UK’s remittance basis, if you are a UK tax resident.
- UK capital gains tax on the sale of assets.
- UK principal private residence relief on the sale of your home.
- UK tax deducted at source.
- Availability of Double Tax Relief in the UK.
- The application of the UK/Australian Double Tax Agreement.
- The UK’s Capital Gains Tax rules for individuals who were temporarily non-resident (from a UK tax perspective).
