In Australia, absentee landowners are taxed with similar rates as trustees and companies. Unlike individual resident owners, they pay a higher rate of taxation and a lower starting threshold. The good news is that the absentee land tax rules are about to change in favour …
2019 tax returns for Australian Expats
It’s tax time 2019 for Australian expats. Wondering whether you are a resident for Australian tax purposes whilst you’re overseas? Need your Australian tax return prepared? If so then look no further because here at <a href=”https://www.expattaxes.com.au>Expat Taxes, not only do we know all about …
Tax audit insurance for expats – what is it and why do I need it?
Tax audit insurance – being targeted in the gunsight’s of the Australian Taxation Office audit division, can be a costly and time consuming affair. So taking out a tax audit insurance policy for peace of mind, to protect you from the high, unexpected costs of …
Thailand tax brief for Australian expats
Known as the “Land of Smiles”, Thailand is fast becoming a preferred destination for Aussie expats to live and work. This idyllic, diverse country offers a unique blend of traditional and modern. You can see this by the way Thailand looks toward the future, while …
Top 4 US tax issues for Australian expats
As an expat moving to the US, there are countless things to consider, including: insurance, employment, housing, a good school for the kids and more. However, one of the most important considerations that is often forgotten – taxation laws, and more specifically, the US tax …
Main residence CGT exemption changes may not proceed
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 …
Canada tax brief for Australian expats
Canada – The Great White North Are you looking for somewhere to make a fresh start? Look no further than Canada. With world-class healthcare, a robust economy, a diverse population, stunning natural surrounds and more, it’s hardly surprising so many Aussies are relocating to Canada. …
China Tax Brief for Australian Expats
China Tax Brief For those considering moving abroad, China is an extremely popular destination to live and work, especially for Aussie expats. China presents many exciting and lucrative work opportunities. However, before making the move, it’s important to know exactly what to expect – particularly …
Intro to the Common Reporting Standard – Aussie Expats Beware!
Update: Article updated 16th Nov 2018 with thanks to Anthony FitzGerald who correctly pointed out that the OECD currently contains 34 member countries. Overdue Australian Tax Returns? You’ll Need to Bring Your Tax Returns Up to Date . . . and soon! If you’re an …
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