Hi there, I hope someone can help me. I have been living in the UK since 2002 working. I have a rental flat which has a yearly income of around $9600 and some shares which have under $100 dollars in dividends a year. Since 2002, I have also accumulated further Fee Help (Hecs previously). My problem is that i have not lodged a return since about 2005, which I am really worried about. I am also in the process of selling the rental property. My question is, as a non-resident for tax purposes, will the income on my property be taxed at the 29 cents to the $ and what about after I sell it? I also have an outstanding mortgage on this rental property. Also, would I my residential status be non-resident throughout the 8 years because I changed visa statuses throughout this time from working holidaymaker, to student visa, to highly skilled and non a UK resident. Any advice would be appreciated. Thanks!
Do you have a big mortgage on the flat? Did you make money after paying the interest on your mortgage? read this ato page Non-residents - lodging an Australian income tax return
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