Below you'll find a list of all posts from 2017
When it comes to lodging Australian expat tax returns, it’s important to understand whether you are an Australian resident for tax purposes or not. Why is this important? Well, first and foremost, if you are taxed as an Australian resident, you will be required to …
The Australian Government strongly welcomes overseas investors in the property market. The term ‘negative gearing’ constantly gets thrown into political discussions by both Liberal and National parties who support negative gearing options. So, what is negative gearing? Negative gearing is an established practice where an …
Long post alert – sadly, as is often the case with with Australian tax, our tax rules are unnecessarily confusing! So it’s probably no surprise that the rules for working out “how to calculate my worldwide income” for HECS/HELP debt reporting purposes are also unnecessarily …
If you are an Aussie expat living overseas you will want to stay connected with Australia as well as connect with other Aussies abroad. You may also have assets or investments in Australia that you will need to manage while you are overseas. Here are …
Your expat experience is only as good as the effort you put into it. To make the most of your adventure, get involved in your local community, be that with fellow expats or locals. You’ll meet new people and try things you’ve never tried before. …
Latest Update: 5th December 2019 – Unfortunately today the Federal Government passed the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 into law without amendment, resulting in the scrapping of the main residence exemption for non-resident Australian expats. To read more about …
If you are an Australian resident for tax purposes and you have a foreign super fund, you need to know the tax implications for transferring this fund to Australia. The amounts you transfer from your foreign super fund may be taxable in Australia. But there …
28th Nov 2019 – UPDATE: Firstly, thank you to David W who let us know via Facebook, that the Department of Human Services website has recently been changed to omit a key statement about the ability for non-residents to continue to use Medicare for a …
To understand your tax situation, all Expat Australians must first work out if they are Australian or foreign residents for tax purposes. Generally, if you are a resident of Australia, leaving or intending to leave the country temporarily and do not plan to set up …
