Hi there!
We've decided to take the plunge and move back to the UK.
I've started researching what it's going to entail, hoping to make it as painless a process as possible, but I have to say, it all seems very daunting so far!
Does anyone know if the savings we've accumulated here will be subject to tax in the UK even though we've already paid tax on them in Australia?
Speaking of tax, I've seen it suggested that it's a good idea to time our arrival in line with the start of the UK tax year - or as close to it as possible. Any thoughts?
I'm also seeing that it's a good idea to hire a financial adviser to ensure there are no costly tax surprises at either end. I'm happy to do this if needed, but we don't own any property in Australia, so I'm hoping this keeps things nice and simple, meaning no need for financial advice.
Do you think financial advice is a must in this situation and, if so, can anyone recommend a good adviser?
Thanks so much in advance for any wisdom you can share :)