Financial advice req - anyone help?

TheBrowningFamily · 08-10-2007, 01:06 PM

Can anyone recommend a good financial advisor with knowledge of both UK and Australian financial stuff?
We are due to complete our house sale soon and will have over 150k to put in a bank or somewhere until we head to Oz in Feb. Also want to know the easiest and cheapest way to transfer it...but in a simpley explained manner!! Advice re if tax is payable on it etc, and what sort of account ot invest it in when we get there.
Would like to meet and chat with someone if poss, we live in Devon.

Anyone recommend??

Gollywobbler · 08-10-2007, 08:45 PM

Hi The Brownings

Alan Collett of Go Matilda is the right man for this every time because in addition to being a Registered Migration Agent, he is also a Chartered Accountant both in the UK and in Australia. Nobody knows more about the financial side of migration to Oz than he does, I suspect, because he understands how it all ties in with the various visas as well.

His e-mail addy is alan-at-gomatilda.com

He also has a separate accountancy practice in the UK (plus maybe another in Oz but I do not know about that bit.) The UK accountancy practice is here and there are tax leaflets that you can obtain from them. Frankly, I am completely brain-dead about tax so I couldn't understand a word of the ones I obtained but that is not the fault of the leaflets - they are excellent. It is simply that my brain shuts down completely when it hears the word "Tax" and refuses to try to understand anything about it.

Collett & Co

Best wishes

Gill

TheBrowningFamily · 08-10-2007, 09:09 PM

Thank you Gill, I will email him tomorrow! I really appreciate your help.

UK2Perth · 08-10-2007, 09:26 PM

I'm with Go Matilda - the email address for Alan is alan@gomatilda.com

breezy · 08-10-2007, 09:41 PM

Browning Gang

You dont pay tax on the proceeds of the sale of your primary residence. You are only liable for tax on any interest earned on the sum deposited in the bank.

Breezy

eddie&tina · 08-10-2007, 09:58 PM

Hi guys
We didn't use Alan Collett as our agent but we're in the same boat, just about to sell our agent and will have some funds which we're looking to do something with. We have a financial advisor but not sure if he's that clued up on oz. Does anyone know if this guy is happy to speak to whoever?
Eddie and Tina

UK2Perth · 08-10-2007, 09:59 PM

Eddie, Alan was happy to speak to me even before I agreed to go with Go Matilda. He is really helpful so why don't you send him a PM on here for some general advice?

eddie&tina · 08-10-2007, 10:05 PM

Thanks for that UK2Perth. i'll give him a pm as it really is a minefield.
Thanks for the reassurance.
eddie,tina

eddie&tina · 08-10-2007, 10:06 PM

Thanks for that UK2Perth. i'll give him a pm as it really is a minefield.
Thanks for the reassurance.
eddie,tina

UK2Perth · 08-10-2007, 10:12 PM

You don't need to thank me twice LOL :)