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Junior Member
Posted
Hi,

When moving back to aus after being in the UK for several years is there any limit on the amount of personal money that can be taken back and any additional tax to be paid when taking it back?

The money being taken back is just saving from salary so has already been subject to UK tax and NI

Cheers
 
Posts: 1 | Registered: 30 September 2005Reply With QuoteEdit or Delete MessageReport This Post
Member
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Nope, I don't think so.

Will you have any UK investments and/or pension arrangements when you return? There may be tax consequences if you leave them in the UK once you have resumed Aussie tax residency.

Best regards.


Alan Collett
alan-at-gomatilda-dot-com
Registered Migration Agent Number 0102534
Fellow of the Institute of Chartered Accountants in England and Wales
Member of the Institute of Chartered Accountants in Australia
http://www.gomatilda.com and
http://www.collettandco.co.uk
Offices in Southampton - England; Melbourne, Perth, Brisbane, and Geelong - Australia
 
Posts: 2657 | Location: Geelong, Australia | Registered: 01 August 2002Reply With QuoteEdit or Delete MessageReport This Post
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