No additional tax in the UK. But remember that you may have liability to tax on this dividend in Australia. I am not saying for sure that you will (I don't know much about Aus tax) but you need to check it out. http://www.ato.gov.auSo for example a 90k dividend from the company will not incur any additional tax?
Becoming Non-Dom But Still UK Director
12 posts • Page 2 of 2 • 1, 2
Re: Becoming Non-Dom But Still UK Director
by mullet on Fri Jan 13, 2012 6:29 pm
- mullet
- Posts: 2784
- Joined: Fri Nov 06, 2009 9:26 am
Re: Becoming Non-Dom But Still UK Director
by Alan Collett on Fri Feb 24, 2012 1:40 pm
Yes, if you are tax resident in Australia as an Aus citizen or permanent resident the UK divis will be assessable in Australia, with a foreign tax offset available in respect of the tax credit.
In case of need, www.gmtax.com.au
Best regards.
Alan Collett
In case of need, www.gmtax.com.au
Best regards.
Alan Collett
Partner, GM Tax, http://www.gmtax.com.au
- Alan Collett
- Posts: 13
- Joined: Wed Aug 06, 2008 3:11 pm
- Location: Southampton (UK) and Melbourne (Australia)
12 posts • Page 2 of 2 • 1, 2
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