Laws surrounding superannuation can be complicated. Things become even more complex if you have superannuation along with an American expatriate tax filing requirement as a resident or citizen. To clear up some of the confusion, we will examine how superannuation is taxed in the US …
How does negative gearing work for Australian expats?
If you’ve paid attention to the news lately, you’ve no doubt heard the term “negative gearing”. It has become somewhat of a political football – with the Liberal and National parties supporting current arrangements, while Labour intends to change it. But what exactly is negative …
Is my superannuation subject to tax in my US tax return?
Superannuation requirements around tax time can be confusing at the best of times. However, if you’re an Aussie expat living in the US, superannuation rules are even more complex. To clear some of the confusion, this blog will help explain your responsibilities regarding superannuation and …
4 tips for the returning Aussie expat
Believe it or not, one of the biggest challenges in the adventures of an Australian expat has little to do with what actually happens overseas. It’s what happens when the adventure is over and they return home that can bite the hardest. During that time …
The ties that bind – paying child support when you’re an expat
One of the attractions of going overseas is the lure of the clean slate, so that you land in a new country with a different future and the opportunity to reinvent yourself. This sort of attraction is no doubt all the more acute when an …
Australian expats and the right to vote
Let’s face it – voting is not something most Australians look forward to. It’s a complex process at the best of times; a process which becomes even more complicated for Australian expats. What are the current Australian expat voting rules? Many Aussie expats are understandably …
The HECS, HELP and TLS shirt tail effect
Many overseas destinations welcome young Australians to live and work. For the best and brightest of Australia’s young, the expat experience is a rite of passage. However, the best and brightest young Australians often have a HELP debt or Trade Support Loan (TSL). A visit …
Australian Taxes – the State (and Territories) of the Nation
Aussie expats need to keep a keen eye on State and Territory revenue concerns. An Australian income tax return is not the end of revenue reporting obligations if you’re an Australian expat with an interest in real estate back at home or if you’re thinking …
Bitcoin and Australian tax – 7 questions answered
Unless you’ve been under a rock for the past few weeks, the end of 2017 has been all about Bitcoin. While the last few hours have seen the price drop a little, the value of the leading ‘cryptocurrency’ has actually been skyrocketing. Bitcoin may be …
Super-yacht crew – is my income tax-free?
Leaving Australia to join the crew of a super-yacht or cruise ship somewhere overseas may sound exciting, but it’s actually increasingly popular. More and more Aussie expats are saying ‘no’ to that traditional gig in an English pub, and ‘yes’ to cruising the Mediterranean on …