Expat Chat Episode 111- Steps To Become A Non-Resident For Tax Purposes

Expat Chat Episode 111- Steps To Become A Non-Resident For Tax Purposes


Welcome to the one hundred and eleventh episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat.

In today’s Expat Chat we talk about how to qualify to become a non-resident and what is the actual process that Australian expats must follow to notify the ATO.

Qualifying to become a non-resident for tax purposes with the ATO isn’t as simple as you think. With the current rules dating back to 1936 (when you used to jump on a ship to become a expat) there is some interpretation required which is why the Board of Taxation recommended the Australian government update the residency rules and we should see this play out in the next year or two.

We also run through the mechanics of actually notifying the ATO that you are now a non-resident and the crucial steps you need to follow.

Discussion Points on Todays Podcast Episode


In this episode we run through the following topics:

  • How do I become a non-resident for tax purposes with the ATO?

  • What are the new residency rules and how do they apply to current and future Australian expats?

  • What is the process of notifying the ATO that I have permanently left Australia and become a non-resident for tax purposes?

Links that we discussed in this episode include:

If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below.

Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat.

Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community.

Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas.

To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com.

Make sure you connect with us on our respective social media channels:

Facebook: www.facebook.com/atlaswealthmgmt
LinkedIn: www.linkedin.com/company/atlas-wealth-management
Twitter: www.twitter.com/atlaswealthmgmt
Instagram: www.instagram.com/atlaswealthmgmt

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