everywhere gal Posted January 14, 2014 Share Posted January 14, 2014 [h=2][/h] we are both 60 retired, self funded retirees in OZ both have joint Oz/UK and Irish EU passports, and contemplating returning to Uk. Been here 37 years, with many trips back, and not entitled to any UK benefits. Just trying to work out if it can be done, what are the tax implications, as we have a modest australian share portfolio and live from that, not entitled to government pension, and own moderately priced home in a rural NSW town. So not sure where to start to enquire about this process. If all shares are fully franked here in OZ, can we leave them here, transfer the income from them to a UK bank account but would we be taxed AGAIN in UK. From reading UK Govt Tax dept site its very confusing. (the term self funded doesnt exist in UK!) any pointers as to where we can get good legitimate advice that would say once and for all, either forget it or enquire further. Many thanks Link to comment Share on other sites More sharing options...
MARYROSE02 Posted March 7, 2014 Share Posted March 7, 2014 There is a taxation agreement between the UK and Australia, so that you won't have to pay tax twice, in both countries? Find a good accountant? Contact both the ATO and HMRC? Link to comment Share on other sites More sharing options...
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