Although we specialise in tax for Australian expats, we also know that for many of us, when offered an international posting, there’s a lot more to worry about than expat tax returns in Australia and so in this article we’ll take a look at some …
ATO Scam Alert: ATO cautions taxpayers about new phone scam
According to an ATO scam alert warning issued by the Australian Taxation Office (ATO), July and August saw a rapid rise in the number of scam tactics used to target unsuspecting taxpayers. As the 31st October tax deadline approaches, people are starting to think about …
Taxation: Why US Citizens in Australia are giving up their US citizenships
The Trump era has divided Americans. This may be one of the possible reasons why many Americans who have made Australia their second home are considering leaving their birth country for good. According to a
Australian expats and foreign employment income
Last week Kaylene relocated to Suzhou, China to begin a three-year work contract with a UK-based university. There is a clause in her contract that allows early termination of employment. Kaylene is one of many young Australians who is attracted to the glamour and excitement …
Main residence exemption scrapped – Australian government lays siege to expat family homes
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 …
Cryptocurrency tax issues and tax planning strategies
By now, you’ve probably heard of cryptocurrencies such as the world famous bitcoin. After the sky-rocketing success of this platform, competitors like Litecoin, Ripple and Tron are quickly growing in popularity and widespread use. With the rise of cryptocurrency being used by the wider population …
Financial tips for expats returning home to Australia
Returning to Australia for good is a financial milestone for any Australian expat, but we’ve got a few financial tips to help expats returning home to expertly plan for leaving your adopted home. Plan ahead and seek advice early! This may seem obvious, but planning …
Moving overseas? Tax issues to consider
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 …
Tax Brief – UK tax for Australian expats
For Australians who live in the UK, the question of residency for tax purposes is a thorny issue. One of the main reasons for this is that you could be a resident of both countries. So what exactly makes you a resident and how does …
USA tax brief for Australian expats
It is important for Australians moving to the USA for work-related purposes to understand their tax obligations to avoid stressful encounters with tax authorities in the future. In this USA tax brief for Australian expats, we shed light on the tax obligations of Australians working …
