Hi
We are looking to move to France but want to keep some of our money in our Australian accounts due to higher interest rates = additional income. Does anyone know how much the Australian Government take out for tax on interest earned.
So far we have heard almost 30%, then I read somewhere possibly 10%, then somewhere else says that Australian and France have a treaty and we won't get taxed by Australia and to claim it in France.
Any help would be much appreciated.
Cheers
Jo
We are looking to move to France but want to keep some of our money in our Australian accounts due to higher interest rates = additional income. Does anyone know how much the Australian Government take out for tax on interest earned.
So far we have heard almost 30%, then I read somewhere possibly 10%, then somewhere else says that Australian and France have a treaty and we won't get taxed by Australia and to claim it in France.
Any help would be much appreciated.
Cheers
Jo