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shiner

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Posts posted by shiner

  1. 5 hours ago, Ken said:

    We are discussing a hypothetical Australian who is UK resident not an Italian or the national of any other country. What the UK-Italy DTA says or what DTA usually say is irrelevant. All that matters is what the UK-Australia DTA says: "Pensions (including government pensions) and annuities paid to a resident of a Contracting State shall be taxable only in that State." I think you'll find the words "(including government pensions)" may have been added to the sentence for the very reason that it is different from what a DTA "usually" says. But never rely upon what a DTA usually says, always read the specific DTA as they are all negotiated separately.

    Fairy Nuff.

    Does the same apply to Disability War Pensions?

  2. 1 hour ago, Ken said:

    No, the double taxation agreement works the same way for both countries. Pensions are taxed only in the country where the pensioner lives, so an Australian who is resident in the UK would only be taxed in the UK on his Australian pension. "Pensions (including government pensions) and annuities paid to a resident of a Contracting State shall be taxable only in that State."

    Final Paragraph.

    What if my overseas pension is a Government Service pension?

    If your overseas pension is taxable in the UK under UK domestic law and you are resident in the UK (including under the terms of a double tax agreement), you should be aware that Government Service pensions are often treated differently.

    Government Service (or ‘civil service’) pensions are typically any pension paid by, or out of funds created by, a country (or political subdivision or local authority thereof) to an individual in respect of services to that country (or subdivision or local authority). You can find more information on what kind of pension falls into this category in HMRC’s technical guidance. They can include pensions for Armed Forces personnel, for example.

    These pensions are usually considered under paragraph 2 of Article 19 of a double tax agreement, which generally says that such pensions are only taxable in the country which provides the pension unless the individual is a resident and national of the other country.

    For example, an Italian national who is UK resident (for the purposes of the relevant double tax agreement) in receipt of an Italian ‘civil service’ pension will have that pension only taxed in Italy. If such an individual happened to be a UK national (and not an Italian national), such a pension would only be taxable in the UK.

  3. If the situation was reversed i.e. an Australian was a permanent resident of the UK, a war or government pension, would only be taxable in Australia. So why not the other way round for a Brit living in Austalia?

  4. On 08/02/2023 at 14:11, Nim said:

    Thanks for sharing that.  But in this case we are facing a situation where they are paying more for less coverage. If age justifies that much of a premium, we would be charged that already.  Their age and all factors are already considered in the current cover while on Subclass 600 Visitor Visa (Medibank).   Just because the Visa Subclass changes,  it doesn't make sense the premium should double.  

    Because there are barely any insurance providers for Subclass 870 visa, we are staring at a huge bill that covers less for them with Allianz. Hoping to find out if anyone else on 870 Visa have found other providers outside of Allianz. 

     

    Thanks, I contacted BUPA just now.  They said that Cover can't be used for over 70s or for Subclass 870. 

     We must have slipped under the Radar!

  5. 2 hours ago, Marisawright said:

    No. You would have to apply for the 884 visa, wait for it to be approved, then apply for the contributory parent visa, get your bridging visa, and then you can apply for Medicare. 

    I don't know how long the waiting period is for the 884 visa or whether you are allowed to apply while on a bridging visa.

     

    I am confused, are you saying that if I have applied for an 864 CPR visa and have been granted a temporary bridging visa that I am entitled to Medicare benefits, regardless of the fact that I am not covered by a Reciprocal Health Care Agreement?

  6. 3 hours ago, Marisawright said:

    You must declare all your income from all sources.   Whether you get taxed on them or not is another matter.  I'm very surprised you don't have to declare them if you're resident in the US or France - I can imagine them not being taxed, but I'd have thought you'd have to declare them.

    Straight from the horses mouth as they say!

    ---------------------------- Original Message ----------------------------

    Subject: IRS Email Tax Law Assistance

    From:    TaxHelp.ETLA@irs.gov

    NOTE: Thank you for your inquiry.  Our response to your tax law question

    appears below. I hope this information has been helpful.  If you have a

    follow-up question or another general tax law question, please return to

    our web site at: www.irs.gov.

     The Answer To Your Question Is:

    Thank you for your inquiry dated January 1, 2015, regarding the taxability

    of your War Disability and Social Security pensions issued by the United

    Kingdom. We apologize for the delay in providing you a timely response.

    If your War Disability and Social Security Mobility pension payments are

    for a service related injury you suffered while on active duty in the

    military as part of your assigned post or station of operation, the

    benefits associated with the type of injury you received are not taxable

    and should not be treated as income, or reported on a United States income

    tax return if you have a filing requirement.

     

     

     

     

     

     

     

     

     

     

    • Like 1
  7. Another question on taxes.

    Do you have to declare UK war pensions or  war disability pensions to the tax man in Australia. I know you don't have to declare them in the USA or France,  just wondering if the same sort off rules apply here in Australia

  8. On 15/07/2020 at 16:43, R. Scratcher said:

    Hi,

    from reading posts regarding a subclass 864 aged parent visa applied for onshore I'm a little confused as to the UK state pension situation so perhaps someone could give me clarification.

    I understand that one is given a bridging visa while your application is processed and I understand that you can be on the bridging visa for around six years. I have been told that Australian taxes on pension income don't have to be paid until such time as PR is granted. Is that correct so far?

    I have read on this forum that the UK state pension is frozen immediately that you inform the UK authorities that you are no longer resident there. Does that mean that the UK government has the gall to tax your pension income for the six or so years whilst you are on a bridging visa yet deny you pension increased during those same years?

    Was this question ever answered?

    I understand that one is given a bridging visa while your application is processed and I understand that you can be on the bridging visa for around six years. I have been told that Australian taxes on pension income don't have to be paid until such time as PR is granted. Is that correct so far?

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