Hello,
I require some advice on how best to manage the tax on the sale of my Aussie property.
This is the situation:
- Aussie & British citizen
- I bought a property in Oz in 2000 and it's been rented pretty much continuously since.
- I have lived and been a resident in the UK since 1998 except for a three year period 2004-2007 where I was a resident in Oz
- I have never lived in the property in Oz
I am now thinking of selling the house but unsure of what the tax implications are and options I have to minimise the tax.
any advice ins appreciated.
thank you
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