Hi,

This is my first google question, so let me know how I do.

I currently live in the UK and am a tax resident there. I am an
Australian and also a British citizen. I will be returning to
Australia and need to run a company there and also in London.

I'm looking for information about legal ways for moving cash from my
UK company bank account in such a way as to minimise personal and
company taxes.

A good answer would list the options that I have, and some pros and
cons.

If becoming a resident in another country is an option then a list of
countries, a summary of the restrictions to becomming a resident and
the various tax rates would help.

Ben

Many many issues here is hard to start....

I am in a similar position as I am an Australian born (UK passport
holder) living in the UK.

-Tax residency
Whilst under UK and Australian residency law a person can be a dual
resident, this is not the case with regards taxation.  You can only be
a resident of one country and you'll have to pay tax on all of your
income form all worldwide sources to the local authority.

Issues that determine your residency status for tax purposes include
the location of your permanent place of abode and which country do you
spend more than 183 days of the year in.

A problem for most Australians in the UK is that if they leave
Australia for a short period (for example 2 years or less) they will
be considered to have only temporarily been a tax redsident of the UK
and hence liable to pay Australian taxes.

- Ceasing to be a tax resident
When you plan to change your tax residency you need to be aware that
they ATO/IR will deem that you've sold all your assets (whether not
you actually did) and you'll be required to pay capital gains taxes.

If I were you, I'd go and pay for some professional advice before
going forward.  As per the Google disclaimer tey only give general
information.

Good luck