Ferrets Posted December 18, 2016 Share Posted December 18, 2016 A quick check - are premium bonds held in the UK taxable by the ATO if you are an Australian Tax resident? We've had a few low value prizes since we've had our TRN and wanted to check if it should be included in our tax return? Many thanks Ferrets Quote Link to comment Share on other sites More sharing options...
scuffythetugboat Posted December 18, 2016 Share Posted December 18, 2016 As an Australian Tax Resident you are required to declare all your income from the known universe. Some people don't declare it and have so far escaped justice. Quote Link to comment Share on other sites More sharing options...
rosiew Posted December 19, 2016 Share Posted December 19, 2016 If they are truly prize winnings, then they are not taxable anyway Quote Link to comment Share on other sites More sharing options...
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