andromeda9 Posted December 26, 2016 Share Posted December 26, 2016 Hi there just wondered if anyone can help with a problem were having with our AOS 143 visa we ourselves paid the $14000 on behalf of our insurers over 10 years ago as they didn't have the funds themselves to cover us weeks have now gone without us receiving any funds back to ourselves insurers said they need to work out what is owed,as they have had to pay tax on the $14000 for ten years,he is in full time work any advise on this please on how it works many thanks for any advise Link to comment Share on other sites More sharing options...
Alan Collett Posted December 26, 2016 Share Posted December 26, 2016 Hi there just wondered if anyone can help with a problem were having with our AOS 143 visawe ourselves paid the $14000 on behalf of our insurers over 10 years ago as they didn't have the funds themselves to cover us weeks have now gone without us receiving any funds back to ourselves insurers said they need to work out what is owed,as they have had to pay tax on the $14000 for ten years,he is in full time work any advise on this please on how it works many thanks for any advise Tax is paid on the interest received on the AoS monies, not on the capital invested, so all of the $14k should come back to you if you advanced monies to the assurer/s. Best regards. Link to comment Share on other sites More sharing options...
andromeda9 Posted December 26, 2016 Author Share Posted December 26, 2016 Many Thanks Alan Link to comment Share on other sites More sharing options...
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