[koalakids]

Originally Posted by Life on easy street

check out this thread
http://www.pomsinoz.com/forum/money-...ing-money.html

Thanks LOES, for the link to the thread. From reading all the threads I can understand that nobody wants to commit themselves as they're not financial experts. However, there must someone reading this that knows whether or not for sure we can transfer our money across without a financial penalty (after 12 months of arrival in Oz).

How's about if on the day I leave the UK for Oz I register my UK savings as 'tax free' (non- domicile) and when I do eventually bring it across just pay tax on any interest acrued from the date I left until the date I bring it across? That sounds reasonable to me.

Are there any takers out there who are prepared to share their knowledge with me?

Many thanks.

Steve.