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About Tarby777

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  1. For good schools, think about the north shore (Kirribilli to Hornsby) or the Eastern Suburbs. "Good" meaning world-class $15-30K per child per year! There are probably decent schools all over the city to be honest, but those two areas probably have the best reputations schools-wise. Walking distance might be an issue though... it's a city of 5 million people after all and the schools are spread out. Not to pee on your chips but commuting by car is an absolute nightmare here... unbelievably clogged roads and some expensive tolls. 45 minutes is an unattainable dream for a *lot* of people. I would advise you to do everything possible to set up close to a train station, ferry wharf or decent bus route if a shortish commute is a must-have. BTW, you were right - there is a fast ferry - about 18 minutes to the city.
  2. Tarby777

    Convincing rest of family to move to Oz

    Rather than rush it, can't you just make your initial entry into Australia before the 4 years is up, and go straight back to Blighty again? Maybe make a holiday of it and buy yourself some time before making a decision... with any luck, the family will fall in love with the place during the holiday. You'll probably want to look into a resident return visa as well, because once you have clocked up 4 years since the PR visa was granted, you lose your ability to get back into Australia from abroad (although you can still *stay* in Oz indefinitely... you just can't leave and come back to Oz on your PR visa once 4 years ticks over). I know this puts me at odds with what others have said, but my opinion is that Oz is infinitely better than the UK in just about every respect. Quality of life - for me, at least - is off the scale compared to the UK... The "it's not better... it's just different" thing hasn't been my experience at all. Sorry! Best thing I ever did and I wish I'd done it 20 years sooner. Would your family at least commit to a 2 year experiment with the promise they can go home at the end if they want to?
  3. Tarby777

    British Style Chippy

    This place is the real deal next time you're in Warners Bay (Lake Macquarie): Currently up for sale, but still trading... run by a Scottish family. As British a chippy as you'll find anywhere.
  4. I don't think you'll be waiting long. My citizenship was granted last year and it took around 4 months (max) before getting a date at North Sydney.
  5. Tarby777

    Looking for advice

    I paid for the services of a migration agent who had previously worked in my industry (IT), which was a great help. If you can find one with a background in construction / fabrication etc, they will be able to give expert advice on your chances, and will know how best to structure your application. Failing that, get yourself along to one of those "moving to Australia" fairs (assuming they're still a regular thing in the UK). You get a good mix of government reps and employers at those events.
  6. There are tax advantages to *not* having PR. All your worldwide income becomes taxable in Australia once you have it, so income from UK investments, properties etc has to be declared here. I got PR sorted before leaving England but that's only because I was close to the cutoff age for PR (45) and I figured that if I came on a 457 and loved it, I would have been broken-hearted if I subsequently struggled to get PR. Unless you're close to 45 or your trade is at risk of dropping off the critical skills list, I wouldn't bother with PR yet.
  7. Tarby777

    35 years in Australia and now I want to move back to UK

    Even 35 years doesn't guarantee a full pension... if you contracted out of SERPS at any stage, it counts against you.
  8. Tarby777

    CGT for UK House sell 6.5 Years after leaving UK

    Thanks Alan. I'll have one last attempt at getting my head round all of this unaided, but I suspect I might be calling on your services soon
  9. Tarby777

    CGT for UK House sell 6.5 Years after leaving UK

    Thanks Lisa. Was this the UK and/or Aussie taxman? Did you check with both?
  10. Tarby777

    CGT for UK House sell 6.5 Years after leaving UK

    Hey folks, Sorry, but I still haven't quite got my head round this, and I need to as I'm in the same boat as Lisa. Just to spell it out for this thicko (me)... let's say this is a simple case where the property was the vendor's main UK residence until emigration and it has been let or available for let from then until the sale. Are we saying the taxable gain is essentially (sale proceeds - valuation as at April 6,2015), or (sale proceeds - valuation when leaving the UK), or something else? I get that other factors come into play (e.g. relief to reduce the taxable amount), but I'd like to at least understand the absolute basics of the calc. I've been trying to work through the example at [TABLE=width: 75] [TR] [TD=width: 75]https://www.gov.uk/capital-gains-tax-for-non-residents-uk-residential-property[/TD] [/TR] [/TABLE] and it has confused the heck out of me. As an aside: Alan, would you be one of the people you mentioned (an accountant able to handle the UK and Aussie side of things in this situation)? TIA Nick
  11. Tarby777

    Old wives tale?

    Thanks all. Mine will expire on November 24 and I'm planning to fly out in early October, returning by mid-October. Is that too close to take a chance or would I be OK right up to the cutoff date?
  12. Tarby777

    Old wives tale?

    G'day folks, I'm hoping this is an urban myth but I've a vague memory of a story about someone who had been living in Australia on a PR visa for long enough to become a citizen, and they hadn't got round to applying for citizenship. They flew to their home country for a short break and had trouble getting back into Oz on their return. IIRC, there weren't any issues around their foreign passport approaching its expiry date... it was something else, something specifically to do with them having been in Oz long enough for citizenship and not having gone for it. Does that ring any bells? TIA Tarby
  13. Tarby777

    Depreciation report for a UK property

    No mate, no joy with that one unfortunately. It's not such a big deal for me though... my UK property is 50/50 with my wife and she doesn't work so I'm only getting clobbered on my half of the rental income, and we've only got about a year to go before the mortgage is paid and we'll sell up at that point. If we had longer left on the mortgage and the ATO were going to be hammering the rental income for a longer period then I might have pursued it further, but as it is, I just can't be bothered TBH. Anyway, I can still offset repairs, insurance, agent fees etc against the tax, so it's not a total disaster... it's just not as tax-efficient as it would be if I had those depreciation reports coming in. Never mind... at least the exchange rate seems to be heading in the right direction for once! Cheers, Tarby
  14. Hi all, My wife paid into several pensions in the UK, which we have recently transferred to an Aussie QROPS. The age at which one can normally draw on an Australian super fund without any tax implications is 60, but my wife's date of birth (11/57) means that she reaches what the ATO refer to as her "age of preservation" this year, when she will be 55 (it is later for people born from 1960 onwards). Given her DoB, she is able to access her super from age 55 and will not have to pay any tax in Australia as long as the total withdrawn doesn't exceed 160K AUD before the age of 60. However, I know that super fund providers are legally bound to report withdrawals to HMRC for a period of 10 years following a QROPS transfer, and I'm aware of the possibility of HMRC charging tax on withdrawals from Aussie super funds if the money came from the UK. Moving forward a couple of months... my wife will reach her age of preservation and she will have tax-free access to her super as far as the ATO is concerned. If she were to start drawing on her super - which is comprised purely of funds that came over from the UK in 2012 - might she be liable for tax to HMRC? (BTW: I've already asked this question to HMRC. They said that can't comment on "an individual's circumstances"!) TIA Tarby
  15. Tarby777

    Pensions transfers and Global Qrops Ltd

    If you don't fancy doing the paperwork / legwork yourself and want a professional to do it for a fixed fee rather than a %age of the pot, I can recommend John Horvath at Gold Vision in Perth. His is a transfer-only service - that is, no advice... no comparison of the benefits of your existing UK pensions vs the super fund you're planning to do the QROPS transfer into. So if you've made up your mind to transfer everything over, and you don't want the hassle of doing it yourself, give him a shout. He has a deal that is something like $750 for 5-6 policies. He provides all the figures you need to supply to your super fund, so that (if you've been in Oz longer than 6 months when you do the transfer) they can pay the tax on the growth at 15% rather than at your marginal rate.