Self employed

[paulswin]

How does moving back work with the ato. Say we move next April does that mean we have to cough up the rest of the self employed payments from 2016-2017 and 2017-2018 up until April all back in one lump sum

[Guest The Pom Queen]

The best people to advise it @Ken or @Alan Collett they are the ones who deal with tax.

[Alan Collett]

Hi oaulswim

23 hours ago, paulswin said:

How does moving back work with the ato. Say we move next April does that mean we have to cough up the rest of the self employed payments from 2016-2017 and 2017-2018 up until April all back in one lump sum

Hi paulswin.

Are you referring to UK tax, or to tax in Australia?

Best regards.

[paulswin]

13 hours ago, Alan Collett said:

Hi oaulswim

Hi paulswin.

Are you referring to UK tax, or to tax in Australia?

Best regards.

Hi Alan, Paying what's owed for that year in Australia.  So if we leave Australia and return to the uk next April we'll still be paying Oz tax for 2016-2017 then we'll have the 2017-2018 due!  Just wondered how it works whether you have to pay it all up in one lump sum before you leave the country?

[Alan Collett]

7 minutes ago, paulswin said:

Hi Alan, Paying what's owed for that year in Australia.  So if we leave Australia and return to the uk next April we'll still be paying Oz tax for 2016-2017 then we'll have the 2017-2018 due!  Just wondered how it works whether you have to pay it all up in one lump sum before you leave the country?

Are you paying tax instalments under PAYG each quarter?

Do you have an accountant advising you already?

Best regards.