Epson Posted February 26, 2018 Report Share Posted February 26, 2018 Hi All just a query regarding pension payments am I right in thinking that when living in Australia on the 143 visa on reaching UK pension age the pensionable payment remains at the set value for that year.(ie does not rise annually) Also what is the general opinion regarding Medicare,would some sort of medical insurance cover be required to run along side Medicare to cover any eventuality. Any comments would be greatly appreciated. Thank you. Quote Link to comment Share on other sites More sharing options...
Andrew Williams Posted February 28, 2018 Report Share Posted February 28, 2018 Hi Epson Yes correct in your thinking regards the UK State Pension. Private Health Cover is personal preference, some believe in it some don't...........I do and have it with Bupa, also if you are a high earner (https://www.ato.gov.au/Individuals/Medicare-levy/Medicare-levy-surcharge/Income-thresholds-and-rates-for-the-Medicare-levy-surcharge/ it typically makes sense to have it otherwise an additional tax is levied. Andy Quote Link to comment Share on other sites More sharing options...
Alan Collett Posted March 26, 2018 Report Share Posted March 26, 2018 Remember also that only 92% of the UK State Pension is taxable in Australia: https://www.ato.gov.au/Individuals/Tax-return/2016/Supplementary-tax-return/Deduction-questions-D11-D15/D11-Deductible-amount-of-undeducted-purchase-price-of-a-foreign-pension-or-annuity-2016/ (scroll down to British Pensions) Best regards. Quote Link to comment Share on other sites More sharing options...
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