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Ken

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Ken last won the day on September 28 2016

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About Ken

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  1. Ken

    The (all new) Brexit Thread

    You are both wrong. I live here. Everyone else lives somewhere else.
  2. Ken

    The (all new) Brexit Thread

    If NI were an island the border issue wouldn't be an issue!
  3. If at the time you receive the lump sum you are living in a zero-tax country and have ceased to be tax-resident in Australia, then yes the sum would be tax free. You might however want to take a closer look at how much this will cost compared to the amount of tax you will save. You can't cease to be Australian tax resident if you've kept your home in Australia. Business interests and other investments can also keep you tied to Australia and so would also need to be disposed of (even evidence of an intention to spend just one year away and then return could be used as grounds for you not having ceased to be tax resident) so you really do have to pull up sticks. For anyone who wants to reduce their Australian tax bill at any cost I can offer a strategy that is 100% effective. I give you a bill. You pay it. You can then claim it as a tax deduction. Yeah, you've saved tax!
  4. 1) Yes, even non resident UK citizens get the tax free threshold 2) On a Temp visa your foreign income would be exempt. Once on a permanent visa you're taxed on your worldwide income and it would be converted to Australian dollars and taxed in the normal way (effectively at your marginal tax rate as you'll have used up the tax free and lower brackets already). 3) Depends on how hard nosed your tax inspector is. The law doesn't say you have to have the original invoices - but HMRC might argue that your credit cards don't prove what you spent the money on. It could become an expensive process to prove the facts of your case. 4) If you are correct about you being deemed as UK residents the whole time you were away previously then the non-resident landlord rule doesn't apply and there is no CGT. I'd be wary about making the assumption and would urge you to discuss with an accountant who currently practices in the UK though! The first 6 months of being non-resident is also tax free. Note that on a temp visa there would be no Australian CGT. If you were a permanent resident by the time you sold then Australian CGT would apply but having previously lived in the property you could claim it as your primary residence for up to 6 years after ceasing to live there (i.e. until Oct 2023) and only the gain between you becoming an Australian tax resident and selling the property would be taxable anyway. 5) It's my understanding that the basic or higher rate comes from your UK tax return and so would not include your earnings in Aus.
  5. Ken

    The (all new) Brexit Thread

    To quote Baldrick: "It's like Bronzy or Silvery only made of iron".
  6. Ken

    The (all new) Brexit Thread

    I strongly suspect (and sincerely hope) that antisemitism isn't the democratic will of the people - but what if they had a referendum of the subject and you found out that it was? Would you support it because it was the democratic will of the people in the same way that you blindly support a no-deal Brexit (which wasn't what the referendum result was anyway)?
  7. According to their website the UK pension service has outsourced the payment of pensions overseas to a US company. The people at the UK pension service probably have no idea what the transfer rate is and care even less.
  8. Ken

    The (all new) Brexit Thread

    Yes, I can see it now. The People's Democratic Republic of England where everyone can live in peace and harmony - just like they do in North Korea. Without all that money wasted on the Royal Family there can be lots of lovely military parades with tanks and rocket launchers instead.
  9. Ken

    The (all new) Brexit Thread

    It's not actually possible for a Pom in Oz to be 12000 miles away from another Pom in Oz as this country is only about 2,500 miles across. To be 12,000 miles away you need to be a Pom outside of Oz and that's a different website. While everyone is welcome on the Poms in Oz website do remember it's the impact on those of us who actually live here that matters most (although we do get a Schadenfreude kick out of hearing of the problems back in Pommieland so do keep the comedy going).
  10. Ken

    The (all new) Brexit Thread

    If they had planned it properly and done a proper partitioning into all the separate states instead of trying to divide India into just two countries there would have been a lot less deaths at the time. Of course there may well have been wars between those countries in the decades since, but with Kashmir as a separate country rather than a disputed region between two countries at least that trigger spot would have been removed. Unfortunately many of the Indian nationalists who were pushing for independence wanted a single country and the UK failed to stand up to their irrational demands sufficiently.
  11. Ken

    The (all new) Brexit Thread

    He did say a good qualification. It's like that old advertising cliché "available in all good shops" that blatantly suggests that any shop that doesn't stock your tat isn't any good.
  12. You only need an RRV if you want to enter Australia after the 5 year travel portion of your permanent visa has expired. You don't need an RRV to live in Australia as long as you travel there (and remain there) before the 5 years are up. If you should need to make a trip out of Australia before completing the necessary 2 years out of the previous 5 years (and so don't qualify for the 5 year RRV) there are shorter RRVs (normally 1 year) available if you can show substantial ties to Australia. For the holder of a subclass 100 your partner would normally be the substantial tie so you may just have to put up with the 2 year wait if you return alone just before the 5 years are up.
  13. Ken

    The (all new) Brexit Thread

    May could have sorted it within a few weeks of her appointment. It's just that she didn't want to give the people what they had voted for because that would be "BRINO". They had to have something of her own invention - which of course nobody else wanted not even in Parliament.
  14. You also should take into account that if Vic Police do have a role that needs experience that they'd be willing to recruit you for it's because they can't find someone already on the force to take it. That doesn't happen with roles in Melbourne but only with those in remote areas.
  15. Ken

    The (all new) Brexit Thread

    The different economies of the US states have never been in balance with other, neither have those of the different regions of the UK. Somehow they manage to get by with a single currency.
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