gra001

Thanks for the response, appreciated.

Yes, we investigated setting up an account in the UK, as you say that was a non starter. I understand your "swings and roundabouts" but with IHT at 40% making use of the 7 year rule seems a no brainer.

Because of Inheritance tax I want to start the 7 year clock ticking, exchange rate is bad currently so it can sit in a sterling account until the rate improves. Because of Inheritance tax I want to start the 7 year clock ticking, exchange rate is bad currently so it can sit in a sterling account until the rate improves

Ta for the response, I already transfer funds between the two countries, I'm trying to establish if she will be able to hold a sterling account in Oz.

Hi Guys, my daughter is now an Oz citizen (I'm a UK resident) and I wish to gift her some money. Can Oz citizens hold a sterling account in Australia so that I can transfer direct without exchanging to $AUD?..Thanks.

Hi, in Oz from the UK and have had reason to visit docs for prescription, my understanding is that I can reclaim part of docs fee via Medicare but not for the medication charge. Also, had to call 000, again I think there will be a charge which is not reclaimable via Medicare, however, is there any form of reciprocal arrangement between UK and Oz to cover this?....thanks

Hi, I'm just starting a 6 month stay in Oz. Before departing the UK my GP explained that due to cutbacks in the NHS they are only allowed to provide prescriptions for three months medication (in my case for hypertension). However, if I apply online having been here for, say, 3 months the GP will provide a further prescription to cover the rest of the stay, my son can collect from the UK pharmacy and send to me. I'm aware there must be import restrictions on certain substances but does anybody know if this type of medication will be OK? Thanks.

I spend between 3 and 6 months in Oz each year and have no prearranged medical cover whilst there. My private cover here in the UK includes repatriation but the insurance costs are crazy, increasing each year with high excesses even when no claims are made so I'm considering cancelling. Thought I'd canvass the opinion of the pomsinoz collective to find out how you guys approach this situation...thanks.