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 …
Latest Update: 5th December 2019 – Following on from our last update, the Federal Government today 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 …
Update – 9th May 2017: Please note that the Australian government handed down it’s 2017 Australian Federal budget today, with proposals to reduce the HELP debt repayment thresholds. It is expected that this will catch significantly more expats in the HELP debt repayment loop, than …
