During the recent Covid-19 pandemic, in line with Organization for Economic Cooperation and Development (OECD) guidance, the Australian Taxation Office (ATO) issued some additional guidelines for Australian expats who returned to Australia to visit, but who couldn’t leave due to covid restrictions either here or …
COVID 19 – Foreign aid workers may lose tax-free status
Governments throughout the world have been forced to take unprecedented action to restrict the spread of COVID 19. They have restricted travel and enforced quarantining to reduce the spread of the virus. As a result of government responses to COVID 19, the working arrangements of …
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 …
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
Am I an Australian resident for tax purposes? 10 factors to consider
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 …
Avoiding expat tax traps
For many young Australians, going overseas to work for an extended period of time after graduating is almost a right of passage. It provides you with a chance to see the world, achieve independence, go on an adventure and gain valuable work experience. Every year, …