hi, we are in the process of selling up and moving to w.a. the 12 months is up on our bond, just wondering whether to bring it back over and settle up the remortgage taking into account exchange rates and charges,(we lose out) or to leave it in oz until we arrive. we are getting 4.6% interest at the moment, can get better if we move it, but concerned about tax issue, would we still pay 10% on the interest or is it a whole new ball game. any info appreciated.

cheers lee.

Hi Lee,

Is this your £40k that must be invested for 12 months to gain an additional 5 points?

I fyes...where did you invest it?...is there any risk to this money?....do you look to get a return on thsi investment or is it just a show of commitment???

Thanks

Jason

Have a read here:
http://www.gomatilda.com/news/article.cfm?articleid=155

Best regards.

quote:

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Originally posted by jaseleeness:
Hi Lee,

Is this your £40k that must be invested for 12 months to gain an additional 5 points?

I fyes...where did you invest it?...is there any risk to this money?....do you look to get a return on thsi investment or is it just a show of commitment???

Thanks

Jason

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