Notts

the taxes are not affected by your health insurance.

Medicare costs 1.5% of your income (called the Medicare Levy)

If your income is above $88,000 as an individual or $176,000 as a family then if you don't have health insurance then on top of the Medicare Levy you pay the Medicare Levy Surcharge at 1%, 1.25% or 1.5%, depending on income.

We have a problem with our hot water. It is a Rheem electric water heater/tank at mains pressure. Sometimes when we turn the hot water tap on (any one in the house) the pressure drops off quickly to a trickle - other times it is fine. When the pressure is low, turning the cold water on and off rapidly results in a noise from a valve near the Rheem and a return to full pressure. The problem is more likely to occur after the washing machine has been used - the rapid on/off of the cold water at the start of the cycle results in a 'clang' from a valve.

We've had two plumbers look at it - one suggested a problem with the duo valve at the tank's inlet and the other a problem with the pressure limiting valve at the outlet. The second one couldn't explain why turning the cold tap on and off rapidly made a difference. Neither had seen the same problem before.

Any suggestions from any experienced plumbers out there?

I'm not suggeting that declaring income and profits is far fetched.

 

But what you're suggesting is that the ATO / HMRC may check to see when the money was put into the UK account and tax you on the difference between the value then and the value now based on the exchange rate. That's a totally different thing - there is no 'income' or 'profit' involved.

 

 

 

So how long would it need to be left in the UK before the ATO / HMRC want to tax it? The exchange rate can change a lot in just a couple of days. Is it 'tax free' for a week? A month?

 

Again, any links to any official documentation detailing this ruling?

The ATO's summary of the foreign exchange rules is https://www.ato.gov.au/Business/International-tax-for-businesses/In-detail/In-detail/Overview/Foreign-exchange-(forex)--overview/.

There is a profit (or loss) involved where exchange rates move, as your asset is worth more or less than it was before.

Of course under a self-assessment regime taxpayers are required to declare all taxable income - it is not about the ATO going looking for gains. They can ask for more information if your return is audited/they suspect something.

The first question is which visa are you on? If it is a temporary visa then you are likely to be exempt from tax on overseas income.

Assuming that is not the case:

- Yes, gains due to movements in exchange rates are assessable for tax. It is possible to elect for bank accounts holding up to $250,000 (in total) to be exempt. Search the ATO website for the relevant rules.

- Liability for capital gains tax arises on the sale, so if you sell before moving then Australian CGT isn't an issue. (The gain won't attract UK CGT as it will be covered by the Principle Private Residence Relief)

- Regarding the investment property, yes you will need to consider Australian CGT when you sell it. Currently you wouldn't have to pay UK CGT as non-residents, but this is due to change from the 2015/6 tax year.

There is a distinction between tax residency and temporary/permanent residency for immigration purposes. Holders of temporary visas may be tax resident in Australia - see https://www.ato.gov.au/Individuals/Income-and-deductions/How-much-income-tax-you-pay/Are-you-an-Australian-resident-for-tax-purposes-/ for an introduction to tax residency - but most are covered by an exemption from the requirement to pay tax on foreign income - https://www.ato.gov.au/Individuals/International-tax-for-individuals/In-detail/Foreign-income-of-Australian-residents/Foreign-income-exemption-for-temporary-residents---introduction/. (For example people in a relationship with an Australian citizen or PR do not benefit from this exemption as they are defined as residents under the Social Security Act 1991).

The income will be taxable in Australia, but you will get a credit for the tax you have already paid so you don't pay two lots of tax.

You won't be able to take liquids on the plane so powdered milk and using water provided by the airline might have to be the way to go.

There are generally exemptions from the liquid rules when travelling with a baby, for example http://travelsecure.infrastructure.gov.au/international/lags/exemptions.aspx.

Unfortunately Parcel Force are a courier - the postal address is for postal deliveries (e.g. Special Delivery, first class, etc.). The address for couriers is different.

Thanks, just had some bad news, the parcel i sent was returned back to manchester as the address i sent it to refused the parcel. I rang the high commision on the morning i delivered and confirmed the postal address.... so angry. can you please write out the excact address that you posted it to please????

 

thanks so much

Which address did you send it to, and how did you send it?

Bridging visas are granted when you apply in Australia and your existing visa expires. They are not available while you wait for a visa applied for offshore to be granted.

That acknowledgement covers both the provisional spouse visa and the prospective marriage visa.