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Capital gains tax question

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amosbud
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Selling a property in UK to buy one in Australia. Capital tax gains question?
Hi there,
we hope to make about 100,000 pounds profit on our house sale in UK. We then hope to sue this money to help us purchase a propert in Australia eventually when we emigrate. However my friend has advised me that we need to consider captital tax gains. Does that mean we will lose a lot of money in moving to Australia??? IN other words are we finacially penalised for taking so much money to Australia to buy our new home?
Post Mon Feb 20, 2012 7:33 am
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