Hi,

Does anyone know if you can avoid paying tax on any uk bank interest while you are in Australia.

Thanks

UK bank interest (unlike Australia) is paid to you nett of tax (ie it has already been taxed) unless you have applied to have it paid gross (you have to meet certain requirements in order to get this - one of which is being an overseas resident).

So if you have it paid nett of tax then strictly speaking what you would have to do is declare the gross amount of interest paid (on your Oz return) and then claim a tax credit for the tax that was deducted by the bank.