Category: Australians Living Overseas
Changes to Foreign Surcharge: Discretionary Trusts with property in NSW or VIC
March 22, 2021 | Daniel Wilkie
Discretionary trusts provide flexibility in relation to revenue and capital distributions. This is one of the reasons they are a common choice for families. However,...
Read MoreAustralians Moving to the UK: A Brief Comparison of the Australian and UK Tax System
March 16, 2021 | Daniel Wilkie
The Australian tax system is surprisingly different to the UK tax system. This makes a simple comparison between the two challenging. Determining, from an individual...
Read MoreWhy Living Abroad For Six Months Doesn’t Automatically Mean You’re No Longer An Australian Tax Resident
January 19, 2021 | Daniel Wilkie
When it comes to tax residency, the six month rule is quite simple to understand: live in a country for at least six months, or...
Read MoreTax Residency issues amid COVID19 Pandemic
March 27, 2020 | Matthew Marcarian
Australian expats who have been forced back to Australia because of the COVID19 pandemic, need to understand what returning to Australia might mean for their...
Read MoreNon-Residents Can No Longer Claim The CGT Main Residence Exemption
January 28, 2020 | Matthew Marcarian
On December 5th 2019 the contentious law denying non-residents the Capital Gains Tax (CGT) main residence exemption was passed. This means that the update we...
Read MoreUpdate on CGT Main Residence Exemption for expats
November 12, 2019 | Matthew Marcarian
Update: Since publication of this post the Bill has passed and is now law. The law passed is the Treasury Laws Amendment (Reducing Pressure on...
Read MoreResidency – Harding’s Appeal Victory
March 5, 2019 | Matthew Marcarian
The biggest personal tax residency case in 40 years just got bigger. The taxpayer Mr Glen Harding having lost his case in front of a...
Read MorePermanent Place of Abode – Harding Appeals to common sense
July 24, 2018 | Matthew Marcarian
The taxpayer, Mr Harding has appealed to the Full Federal Court of Australia from a decision handed down on 8 June 2018 by Justice Derrington,...
Read MoreAustralian Expats still awaiting decision on CGT change
July 24, 2018 | Matthew Marcarian
In our blog of 25 February this year we reported on what we consider to be highly inequitable capital gains tax changes that the Government has introduced...
Read MoreRemoval of CGT Main residence exemption for Australian expatriates – disastrous tax changes now imminent
February 25, 2018 | Matthew Marcarian
As we reported in our blog last year – the Australian Government announced that it would remove the CGT main residence exemption for foreign residents....
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