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Go Matilda - Your Gateway to Australia The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum Selling two homes!
The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum Selling two homes!|
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Junior Member |
Any information would be greatly appreciated on this subject? We own 2 homes in the UK (one our main residence and the other our holiday home)and we considering selling both prior to the move to Australia. Any information regarding the tax situation in the UK and Australia that can be beneficial to us. would it be an advantage to keep the second home and rent it.
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Member |
The bad news: one disposal is likely to be subject to UK capital gains tax if it is sold in a tax year when you are resident in the UK.
The good news: you can plan to avoid paying this tax. I'll be happy to advise more formally - if you are interested and would like to know costs please feel able to send me an email: alan - at - gomatilda - dot - com 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 |
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