_ashuro

Hi,
I am a Brit/Australian citizen currently living and working in the UK (have been here for about 7 yrs). A buy out of an Australian company I have a few shares in means I will be accepting a cash offer for my shares. There is a deadline for this of which I think (the paperwork is downstairs!) is 10th Oct. What I need advice regarding is about taxation (and avoiding too much of it!). I know there is a reciprocal arrangement between Britain/Australia. Am trying make decisions about where to put the proceeds (whether to have the money put into my UK bank account or open up another in Australia as the one I had has now been closed, or possibly sign the proceeds over to my daughter in Australia who could do with it really). I have had the shares quite a while and they have not done a great deal while I had them (restructured at one point actually) so tax-wise it will probably be a loss -well, it would have been if I was still living and working in Australia but am not sure of even that as I have not filled out a tax return in Australia for the years I have been here. Can anyone help me walk through this minefield safely?
Thanks!
Ash :-)