> Hi Guys,
>
> If you could give some advice on the following it would be
> appreciated:
>
> OK, so now we have got the visa , sold the house and are a stones
> throw
> away from jetting to OZ (from the UK).
>
> For the first year or so we will not be looking to buy a property,
> consequently we will have a bit of cash floating about.
>
> Is their a deadline (following my entry into OZ) that I must get my
> capital into OZ by to avoid taxation?
>
> If I leave the funds within a UK account under my wife's name, would
> interest gained on this money en cur tax. ( She will not be earning in
> either OZ or the UK - I will be the bread winner). Or will capital
> gains tax be on the full/interest amount at the time the funds are
> brought into Australia.
>
> If I where to invest in property outside of OZ before entering, and
> if
> proceeds from this investment are never brought into the country,
> would
> tax be payable on this. What would be the repercussions if at a later
> stage this foreign investment was revealed, or the money was brought
> into OZ?
>
> If all funds where moved to OZ, put placed into my wife's account
> would
> this be tax at a rate less than if was in a shared/my account (
> assuming I am employed, and she is not)
>
> As I may need to take up a contract position when entering Australia,
> are their any tax benefits to setting up your own limited company, or
> should one use an umbrella company?
>
> If you have a link to any websites that deal with these issues,
> please
> let me know.
>
> Thanks for your help - Matthew.
What kind of "taxation" have you got in mind?
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