Jump to content

familybliss

Members
 View Profile  See their activity

  • Posts

    23

  • Joined

  • Last visited

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

familybliss's Achievements

Member

Member (2/6)

10

Reputation

Single Status Update

See all updates by familybliss

  1. familybliss

     

    <p> </p>

    <p><p>Hi guys , </p></p>

    <p><p> </p></p>

    <p><p>Have decided to transfer NHS pension to Australian Super fund ( QROPS ) . We arrived in June 2011 and had initially thought we would just be here for a couple of years but changed our mind and received PR in Feb 2013 . </p></p>

    <p><p> </p></p>

    <p><p>As the transfer is happening more than 6 months after we left the UK we will have to pay some tax on the growth of the fund ( which we can elect the receiving super fund to pay @ 15% ) . </p></p>

    <p><p>However , is it the growth since we became PR ( Feb 2013 ) or since we arrived in Aus ( June 2011) on a 457 ? </p></p>

    <p><p> </p></p>

    <p><p>In case it is since the date we received PR , do we have to request the NHS Pensions to do another calculation for that date ( Feb 2013 ) so that we can calculate the growth from then ? The NHS will only provide this extra calculation at a cost . </p></p>

    <p><p> </p></p>

    <p><p>Have tried to use the residency calculator on the ATO website - not entirely clearcut . Would appreciate any advice .</p></p>

    <p> </p>

     

×
×
  • Create New...