Australian tax implications for Australians living overseas

Do you need to complete an Australian Tax Return While Living Overseas

Do You Need to Complete an Australian Tax Return While Living Overseas?

Do you need to complete an Australian tax return while living overseas?  Many people I meet are confused by the requirements.  It comes back to an all important question which I addressed in an earlier article Am I An Australian Resident…
automatic exchange of financial information

Automatic Exchange of Financial Information

Automatic Exchange of Financial Information is the answer of international tax authorities to global tax evasion and is intended to facilitate international cooperation and sharing of financial information between international tax authorities…
tax residency Engineer not an australian resident for tax purposes

Australian Expat Stories : ATO Challenges Tax Residency of Returning Aussie Expat

We continue our series on real life stories of Australian Expats. In this story, Bruce Wayne (name changed to protect the innocent), discusses his experiences with the Australian Tax Office after returning to Australia from an overseas assignment.…
tax information exchange agreements TIEAs

What Tax Information Exchange Agreements Mean For You

In an effort to break through secrecy barriers of Offshore Tax Havens, and reduce international tax avoidance and tax evasion practices, governments around the world have incorporated tax information exchange agreements as part of tax treaties…
offshore tax havens for australians
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Guide to Offshore Tax Havens For Australians Living Abroad

Offshore tax havens often conjure up images of a tropical island with beautiful palm tree lined beaches with an easy going attitude to taxation.  But these days, there are places all over the world where one can stash their cash without much…
Am i an australian resident for tax purposes

Am I An Australian Resident For Tax Purposes?

The most important question you need to ask yourself when you prepare to move overseas and become an Australian Expat is Am I an Australian resident for tax purposes or not?  The answer will have some fundamental implications for your income…
Labor's negative gearing policy
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How does Labor's negative gearing policy impact Australian Expats?

Labor's negative gearing policy was announced in February 2016.  Whilst there has been much debate about the merits of negative gearing and whether negative gearing should be abolished, Labor's decision to make substantial changes to negative…
negative gearing
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How does negative gearing work for Australian Expats?

We constantly hear the term negative gearing being thrown around in Australian politics.  The Labor party have said they plan to make changes to negative gearing if they return to government, and after a period of uncertainty, the Liberal and…
self managed super fund smsf
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The Self Managed Super Fund Nightmare For Australian Expats

So you followed all the advice about putting money away for your retirement.  You consulted your accountant and decided to setup a Self Managed Super Fund (SMSF).  Then you moved overseas for a few years.  Make sure you take good advice.…
incoming passenger card
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Should you worry about how you complete your Australian outgoing passenger card and incoming passenger card?

With the Christmas travel season upon us, and many Aussie expats (like myself) heading down under, I thought it worthwhile sharing with you how the Australian Tax Office is using your completed Australian outgoing and incoming passenger card…