1Likes -
1 Post By Andrew Williams
-
non resident tax return
Hi
We own and rent out a house in Hahndorf but are resident tin the UK.
I know we have to do an Oz return for this income and pay the 29% non resident tax (ouch!). Although this can be set against our UK return.
Now having never done an Oz return can someone who has tell me if this is easy to do myself or should I get an accountant to do it for me. The rental income and deductions are the only thing to go on the return as we have no other Oz income and the bank interest there already has witholding tax deducted.
I have had a quote of $120-$150 per return (as we own the house jointly we both have to do one) is this reasonable? Does anyone have any recommendations?
I am pretty good at paperwork - and do the book-keeping for our business but we have always used accountants for business and personal returns in the UK.
Just waiting for the visa then we can finally come and live there ourselves! Mind you the way things are in the UK will probably just reverse the situation and end up renting the house in the UK and living in Oz
-
-
Vista Financial Services - Mortgages, UK Pension Transfers, Superannuation, Investments, Life Insurance www.vistafs.com.au Financial Adviser: Adv Diploma Financial Planning (FPC UK) -
Mortgage Broker: MFAA full member -Diploma in Finance & Mortgage Broking Management (CEMAP UK)
-
Have e-mailed them - thanks Andrew
Similar Threads
-
By blindwatchertrev in forum Welcome
Replies: 0
Last Post: 12-08-2009, 07:39 PM
-
By haggan_family in forum Adelaide Migration Issues
Replies: 4
Last Post: 15-04-2009, 12:41 PM
-
By sparkly cat in forum News and Gossip
Replies: 6
Last Post: 09-01-2009, 07:27 AM
-
By MacLeods in forum Adelaide Migration Issues
Replies: 5
Last Post: 29-08-2008, 01:44 AM
-
By Andrew Williams in forum Money & Finance
Replies: 8
Last Post: 22-06-2008, 02:01 PM
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules

Copyright © 2006 - 2012 Australia Migration Forums
All times are GMT +1. The time now is 09:20 PM.
Bookmarks