Alan Collett

The deadline for appointing a registered tax agent and securing an extension of the 31st October 2023 for filing your personal 2023 Australian tax return is now only 5 weeks away. If you want more time to prepare and submit your 2023 Australian tax return you should be on a registered tax agent's lodgment program by the end of October 2023. Doing this can also push back the due date for paying any tax owing to the Australian Taxation Office - so if you have untaxed income from a source such as a positively geared rental property or a capital gain from the disposal of a property or shares you are likely to benefit from appointing a registered tax agent. https://www.ato.gov.au/Individuals/Your-tax-return/How-to-lodge-your-tax-return/#Duedatesforyourtaxreturn

For what purpose, Stuart? Best regards.

bdh Tax is looking for a couple of people to join our tax team, based at our Perth office. Experience of working in a UK tax practice will be desirable, but isn't essential. If you're interested and would like an initial chat please send your CV/resume to me, at acollett@bdhtax.com Best regards.

Just to say that a refusal of an onshore parent visa application doesn't mean an automatic deportation. Aside from the ability to appeal the decision the subclass 602 Medical Treatment visa should be available as a solution that would allow the parent visa applicants to remain in Australia. The restriction on travel attaching to the Bridging Visa A that is the visa granted when the holder of a visitor visa applies for an 804 or 864 visa can be overcome with a Bridging Visa B. Best regards.

A quick reminder - particularly for those who have moved to Australia since the 1st of July 2019 - that those individuals who are required to submit a tax return with the Australian Tax Office have until the 31st of October 2020 to lodge their 2020 income tax return if a registered tax agent is not instructed. You can check whether you are required to submit a 2020 Australian tax return at this web page. To lodge your 2020 tax return you can: Lodge online with myTax through myGov, or Complete a paper tax return form and mail it to the Australian Taxation Office, or Use a registered tax agent If you use a registered tax agent to prepare and lodge your tax return you should be able to submit later than the 31st of October 2020 - quite possibly until mid-May next year. You should though appoint a registered tax agent before the 31st of October 2020 to access the extended 2020 tax return filing deadline. Best regards.

Shouldn't be too long - we tend to see BVAs granted within a week of the 804 visa application being delivered to the PVC. Good luck! Best regards.

You can be in Australia when applying for an 870 visa if you have sought agreement to this when lodging the sponsor application. We've done this recently due to the COVID situation - our client is onshore in Australia with a visitor visa. Approval to apply for the 870 visa onshore was granted. Best regards.

Hi Mike. For the transferring of pensions to Australia from the UK I would consider a firm that specialises in this area of advice - it is relatively niche and many financial planners won't have been involved in this on a regular basis. My recommendation is bdhSterling, who have offices in Perth and the UK. I hasten to add that I am a Principal at bdh Tax. Best regards.

Thanks for your kind words! Best regards.

Hello Harry. Please see my signature below. Best regards.

Remember also that only 92% of the UK State Pension is taxable in Australia: https://www.ato.gov.au/Individuals/Tax-return/2016/Supplementary-tax-return/Deduction-questions-D11-D15/D11-Deductible-amount-of-undeducted-purchase-price-of-a-foreign-pension-or-annuity-2016/ (scroll down to British Pensions) Best regards.

Hi clari. I'm a registered migration agent - so I didn't need to pay anything! Best regards.

Please feel able to send a PM to me with your contact details. We can then tee up a date and a time for me to telephone you. Best regards.

Are you deriving UK source pension income, Patrick? If not, what drives the need to prepare this form? Best regards.

Watch the forex rules if you put £ funds in an interest bearing savings account. There are ATO Private Rulings that discuss this - while a Private Ruling is specific to the taxpayer that sought it the narrative in a Ruling is a good indication of the ATO's thinking on matters of a technical nature. For example: https://www.ato.gov.au/rba/content/?ffi=/static/rba/content/1012390159609.htm Best regards.

Hi Michael. How old is Mum please? If "aged" (as defined - over 65.5) I would look at visa sub classes 864 and 804. Both of these are onshore visas, so have a Bridging Visa entitlement, but have very different prices, and visa processing timelines. If Mum isn't aged you are probably looking at a subclass 143 visa for Mum. Feel able to send a message to me with your phone number if you would like me to call for a no obligation chat about Mum's visa strategy. Best regards.

Have you lived in the property as your main residence throughout the period in which you have owned it? If so, the sale is exempt from CGT. Best regards.

Hi Erin. I'm sure Andrew will be able to assist you, even though he is in SA. Best regards.

For what type of visa, Paul? Best regards.

Hello Sarah. Until you are aged 55+ you are unable to transfer your UK pension benefits to an Australian superannuation fund - the rules of the game changed a couple of years ago. From a tax perspective it is though likely to be well worth looking at this more fully in a few years from now. A pension drawn from the UK will be taxable in Australia if you are tax resident in Australia at that time. A UK fund that is transferred into an Australian superannuation fund is likely to be accessible in your more senior years on a free of tax basis. Best regards.

Yes, send a blank email to parents@border.gov.au to receive an email advising which visa application lodgment dates for each parent visa subclass are being allocated presently. Best regards.

Not necessarily. The UK now charges CGT on the disposal of a residential property by a non UK resident person. There can also be CGT payable in Australia on the disposal of a former main residence by an Australian resident individual. Whether there is any CGT payable is a factor of each individual's circumstances, which are not sufficiently detailed in the original post. There are also exemptions from the forex gains and losses provisions in Australia, which ought to be explored more fully before concluding there is no foreign exchange gain or loss to be included on an Australian tax return. Best regards..

https://www.gov.uk/guidance/capital-gains-tax-for-non-residents-uk-residential-property Have you completed a Non Resident CGT Return and lodged this with HM Revenue? You have 30 days to do this, whether or not you have realised a capital gain or a loss. Feel able to send a private message to me (click on my name to the left of this post) if you think you might need some assistance with this form. Best regards.

No, it was (broadly) 4 years of residence, of which the last 12 months had to be as a permanent visa holder. See the residence requirements here: https://www.border.gov.au/Trav/Citi/Lear/Law-and-policy/conferral The recently announced changes to the Citizenship Act are yet to pass through the Parliament. Best regards.

Then your UK rental income (after deducting costs that are allowable for Australian tax purposes - including depreciation) is taxable in Australia from the date you become a tax resident. The rental income is also taxable in the UK, but may well be covered by the UK personal allowance, to which you remain entitled. Expect to be required to complete a tax return in both countries. Also Google Non Resident Landlord Scheme. Best regards.