The Aussie Tax Break, Use It or Lose It for British Nationals
If you are British and plan one day to live in Australia you won’t want to miss this opportunity!
All future residents of Australia have until 30th June 2007 to transfer capital of up to GBP408,000 per person to a complying Australian superannuation fund. Doing so locks in significant tax benefits with little downside - future tax rates can be more than halved, allowing earnings to grow twice as fast. After June 30th 2007 capital transfers to super are limited to GBP61,000 per annum. This creates a potential bottleneck and is likely to increase your tax bill and reduce earnings on your capital.
act now - the clock is ticking
To familiarize yourself with your options and if necessary, restructure your assets prior to the deadline, we invite you to attend our free lunch seminar entitled ‘the Aussie tax break - for Brits’. This seminar is particularly relevant if you are currently accumulating assets, have any UK pensions, or expect to receive future lump sums (property sales, inheritances).
Light refreshments will be served.
Date:
12 April 2007
Time:
12.45pm - 2.00pm
Venue:
ipac boardroom, 22/F One Pacific Place, Admiralty
Speaker(s):
The ipac team
Fees:
Complimentary
RSVP:
Evonne Chong at 2285 2169 or e-mail: [email protected]
Click here to register
