My husband and I are moving to the UK next year for a minimum of 2-3years but maybe much longer.
we would like some guidance on the tax implications of-
scenario 1: holding onto our Australian home and renting it out while we’re in the UK. Then moving back into it when/if we return.
scenario 2: holding onto our Australian home and selling it in 2-3years if we decide to remain in the UK
scenario 3: selling our Australian property and buying one in the UK
I used the CGT calculator however I received an error message so I’m unsure if we’re living overseas whether the 6year rule applies or not.
I'm also unsure if there’s other tax implications we need to think about and factor in.
Any advice would be greatly appreciated!
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490 views1 replies
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490 views
1 replies