tloring Posted August 7, 2012 Share Posted August 7, 2012 My family and I permanently migrated from UK to Australia 4 months into the UK 2011/2012 tax year and hence 1 month into the Australian 2011/2012. I worked in the UK during the UK 2011/2012 tax year (PAYE) and have worked in Australia during the Australian 2011/2012 tax year (PAYG). I am now in the process of completing my UK 2011/2012 tax return resulting in a significant number of questions. I hope that this forum's moderators will not mind that I start a number of threads with each question but I believe the thread name will be useful for other users to search for. I worked for 3 months (Apr - Jun) in the UK (PAYE) during the UK 11/12 tax year; I got a job in Australia on 31/10/11 and therefore for the last 5 months (Nov - Mar) of the UK tax year I have had Employment Income from my Australian employer (PAYG). Do I need to declare on my 11/12 HMRC tax return documentation both my UK income AND my Australian income during the UK 11/12 tax year? Clearly when it comes to the Australian 11/12 tax return I will not be declaring any UK Employment Income because the tax years are different and I didn't earn any UK Employment Income between Jul'11 and Jun'12. Any assistance greatly appreciated. Link to comment Share on other sites More sharing options...
MARYROSE02 Posted August 18, 2012 Share Posted August 18, 2012 Go and see a tax agent/accountant. It's easier. Link to comment Share on other sites More sharing options...
tloring Posted August 18, 2012 Author Share Posted August 18, 2012 Thx MaryRose02, It is looking that way but I can't find a tax accountant in Oz that knows UK HMRC rules in enough detail especially regarding first year migratees (is that a word? ;o) ). Link to comment Share on other sites More sharing options...
Rupert Posted August 18, 2012 Share Posted August 18, 2012 You don't need to put your Australian employment income from the time you moved to Australia on your UK tax income. Link to comment Share on other sites More sharing options...
MARYROSE02 Posted August 19, 2012 Share Posted August 19, 2012 I submit a UK tax return for my UK income and an Aussie one for my Aussie income. The one thing I missed out, and this post has reminded me, is that I have to tell the ATO how much rental income I earned from my home in the UK. It's not taxed in full because I pay UK tax but I defintely have to tell my tax agent. Come to think of it, there IS another dumb thing that I forgot about the UK rental income. I've been getting a big refund every year and I should be submitting a form to get the income free of most of the tax because I am a foreign resident? Donning my hair shirt to berate myself for my dumbness. I remember the estate agent gave me a form over three years ago and I either did not send it in and/or I did something wrong on it. I know I will be entitled to some tax back for the 2008/09 tax year and I must do the 2011/12 one too. I'm registered as an on line tax payer in the UK. HMRC & or ATO should be able to answer some of your questions. Neither of them are out to trap you. There's a double taxation agreement between UK and OZ so you don't pay tax twice. I think perhaps it is only UNTAXED foreign income that you have to declare here or there. Actually, if you were a PAYE taxpayer, you don't have to worry about the UK tax return anyway??? And here in OZ get an accountant/tax agent to do your return. Their fee is tax deductible and they should know the rules regarding foreign income. When I first moved back to the UK, I used to have to do self assessment returns because I had foreign i.e. Aussie income but I never brought it to the the UK, paid tax on it in OZ, and, crucially, I was not DOMICILED i.e my home was not in the UK. I always intended to come back to OZ and eventually the HMRC accepted that and I went back to being a PAYE taxpayer. Now that I'm back in OZ, the positions are reversed, because I have foreign income in the UK so both jurisdictions have an interest. So, I do a self assessment return to HMRC on line regarding my UK rental income. Do an ATO return for my Aussie income and I THINK that because I bring all the rental income to OZ, although it is taxed in the UK, I have to declare/pay a portion to the ATO. Now I've got a headache and I want to get back to worrying about Tottenham Hotspur! Link to comment Share on other sites More sharing options...
Alan Collett Posted August 19, 2012 Share Posted August 19, 2012 http://www.gmtax.com.au/faqs/ Might be of interest. Note that whether you bring UK rental income to Australia doesn't affect whether or not it is taxed in Australia. Best regards. Link to comment Share on other sites More sharing options...
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