I am a permanent resident in Aus and I want to transfer some money from my UK bank to my Australian bank account. The money is from some pensions and flat rental all of which is declared to the UK tax. Do I have to pay Aus tax on it?
Also we are thinking of selling the flat next year, would we be liable to pay tax on that when transferring the money to Aus?
If you are a permanent resident, (i.e not a temporary resident) then you should be declaring all income from the UK. Your pension and rental income should be declared on your Australian Tax return in the year you receive it. Any tax paid on that income in the UK can be used to offset the tax that would be assessed on that income here.
This of course depends on your personal details, age, availability of tax offsets such as SAPTO and whether a tax return is necessary because of these.
Try this ATO tool to determine if you need to lodge a tax return
https://www.ato.gov.au/Calculators-and-tools/Do-I-need-to-lodge-a-tax-return/
Any sale of the flat would be regarded as a capital gain event.
Check this link for info on this.
If you are a permanent resident, (i.e not a temporary resident) then you should be declaring all income from the UK. Your pension and rental income should be declared on your Australian Tax return in the year you receive it. Any tax paid on that income in the UK can be used to offset the tax that would be assessed on that income here.
This of course depends on your personal details, age, availability of tax offsets such as SAPTO and whether a tax return is necessary because of these.
Try this ATO tool to determine if you need to lodge a tax return
https://www.ato.gov.au/Calculators-and-tools/Do-I-need-to-lodge-a-tax-return/
Any sale of the flat would be regarded as a capital gain event.
Check this link for info on this.
6 Feb 2026 · 4 min read time
24 Aug 2025 · 3 min read time
15 Apr 2026 · 3 min read time
285 views
1 replies