Lostlily

My daughter is an Australian citizen, she is applying for a partner visa for her spouse. The family live in the UK. Can anyone please advise, if she applies for citizenship for her two children, both under 10. Do they need to have medicals or is it just pretty straightforward. Thanks to all

Yes all of our assets are in Australia, the executor is in Australia, but several beneficiaries are in the UK. Everyone has been helpful, I have read the links. My confusion arises from previous information. A couple of years ago, we considered buying a modest property in the UK to use for part of the year, but in the end we backed out because we were told by our old accountant there and from our own research that if you are from the UK, spend more than 3 months a year there and/or have a rental or purchased property available for your use you will be considered domiciled in the UK. Then all of your worldwide assets are treated as taxable in the UK. The other thing is that although tree is no IHT in Australia, assuming we were still domiciled here. Apart from certain exclusions CGT appears to be payable when the assets are sold, so I assume that this is deducted from the estate before money is divided up?

Thanks for your help, but as far as I can work out, this site really only relates to the UK. I have been going round and round in circles trying to establish the legal requirements of beneficiaries in the UK from Australia. I have never been very happy consulting "tax experts" unless I understand the rules myself. It seems very unclear to me......

Thank you will do

Thank you both for your encouraging answers, do either of you guys have any link so I can confirm this information?

Hi everyone, I am hoping that someone can help me here. I am usually pretty savvy on financial issues, but am stuck on this one. My husband and I have been living in Australia for 18 years. We have dual UK/Aus Citizenship. As we are getting on a bit, we are wondering about inheritance tax for people included in our will in the UK. I know there is no IHT in Australia, but on reading up on this recently, CGT seems to almost be a replacement for it? But my main query is in regard to portions of our estate left to people in the UK. Will they be liable to UK IHT or CGT. We have some family here, one daughter who will be the executor of our will and I don't want to leave her with a lot of unnecessary red tape. We dd think of buying a small property in the UK for holidays etc, but it got so very complicated as then we would be domiciled back in the UK for tax purposes. Any help or advice would be appreciated. Thank You.

Hi Marisa, I have not been on this page for some time, but I do remember your posts about how much you were looking forward to returning home. Could I take the liberty of asking how it went and why you have decided to come back to Australia?

Actually I was very keen to move to Australia. For several years it was a great adventure. Two things changed it for me. My youngest daughter went back, I felt as if I had lost a limb, although of course I gave her my blessing. Then due to anxiety attacks I had to give up my business. I can no longer drive due to anxiety. My parents suddenly (so it felt) became elderly and I feel they are missing out, as I am as well. I am so bloody bored here. I go back to the UK every year for a long holiday, I always feel healthier and happier there. I wouldn't wish my position on others, so I guess what I am trying to point out is that things change, of course, and as you get older your needs and priorities change as well. THINK long and hard about the future before making the big leap to emigrate.

Sorry, I must disagree with this. Family is not just Mum Dad and kids..... After being here for 17 years and very luckily spent Christmas day and Boxing day, pretty happily.... What the hell do you do in the next month? Some may think I am lucky having one daughter and 2 grandchildren here and I am so grateful of course. BUT my parents are in their 80's, my younger daughter left to go back to England 5 years ago, I have a granddaughter there who I miss dreadfully. My daunter is 8 months pregnant in England. I have 4 stepchildren, one of which is expecting twins in the next month. All of our dearest friends, siblings, cousins are there and we are here. I am in the fortunate position to be able to fly to England whenever necessary. Which is the only thing that keeps me sane. But I would like to perhaps give people a reminder, that a bigger house, a pool and the beach 200 yards away can never make up for the loneliness of missing your roots. Popping round to see Aunties and Uncles, many whom I have lost in the last couple of years. Australia is a beautiful country, but it is very isolated. Please appreciate what you have in the UK, before breaking up your family, in my opinion it is not worth it.

Follow your heart, it sounds as if it is in the right place

I think that is a very insensitive comment to make. The poor woman is in pain and you are judging her very unfairly. Some people need extended family networks to feel happy. I could turn this comment on it's head and say he is valuing her less than zero. But I am not that judgemental.

I feel for you so much I too yearn to go home and in the past have posted on here of my sadness. Some people were very kind and understanding, but like you many comments seemed to be horribly judgemental. My situation is also complicated, we came out here 15 years ago with two grown up daughters. For years I was fine and hubby has always loved it here. But my youngest daughter's marriage split up and she went back to the UK, she now has a beautiful daughter. My other daughter stayed, has two children with an Australian and she too is dreadfully homesick for all of her extended family and especially for her sister. There is no solution for us now, I couldn't leave my oldest daughter as she would be broken hearted and my youngest daughters partner will not move here. And before everyone starts ranting on at me that they are adults blah blah. I have heard it all before and although they may be adults we are so close and miss each other dreadfully. So if you are looking for advice, I think if I were in your situation I would go back now. If your husband put's his own happiness bafore the family unit he is selfish IMO. You came here asking for help and advice and I am so sorry that many people made you feel much worse. Good Luck

Hi Marisa, Have just been googling and came up with this page from so called"Experts" who state you can only have one domicile at a time. The plot thickens.....http://www.ukexpat.net/tax-information-topics.php

That is interesting, I didn't realise that. I have been thinking and thinking. My latest idea is to help my English daughter out with some money to move to a larger house, at the moment she is considering extending her mortgage to make a loft conversion and perhaps build a garden room for extra accommodation for when any of us come over. But I know she would prefer to move to a larger house, so why not give her part of her inheritance early? It would all be in their names of course and would solve a lot of problems as if we bought a property, apart from the expense it would be empty for 1/2 the year etc. We did try to do this a couple of years ago, but unfortunately we were led astray as the house had massive subsidence problems and it was very traumatic. But I think we are all over the shock of that now. This could be the answer for us and I need to get off my butt and find something positive to occupy my time while I am here too. Thanks for your help Marissa and good luck with your plans

Thank you Marissa, this is very helpful information which may help us with our dilemma But do you know if this rule would still apply if we bought a small property in England???