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Does Being Stuck in Australia Due To Covid-19 Affect My Tax Residency?

James Ridley

James is the Managing Director for the Asia Pacific region and is an experienced financial planner who brings a multitude of skills and experience to the table when it comes to providing Australian expat financial advice. After completing university, James was an accountant for four years at which point he then moved into the financial services sector and became a financial planner. Combining his accounting skills with financial advice, James has advised individuals, families, and Self Managed Super Fund clients in the areas of retirement planning, debt reduction, cash flow management and portfolio management. James holds a Bachelor of Commerce with an accounting major, Bachelor of Business with a marketing major, Advanced Diploma of Financial Planning and is currently completing his Masters of Financial Planning.

expat tax residency

Does Being Stuck in Australia Due To Covid-19 Affect My Tax Residency?

Does Being Stuck in Australia Due To Covid-19 Affect My Expat Tax Residency? – so many citizens are stuck in a country that is not either their country of residence or citizenship due to borders closing thanks to the outbreak of the Covid-19 virus. If we see this ban on travel extended the topic of …

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tax residency

Board of Taxation Recommendations on Tax Residency

Board of Taxation Recommendations on Tax Residency – the Australian Board of Taxation has released their recommendations surrounding the Australian expat tax residency rules. In the report the Board has recommended that the existing rules be reformed as the current tax residency rules do not adequately address the changing employment and lifestyle landscape of the …

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australian expat discretionary trusts

Australian Expats With Trusts To Feel Pain From NSW Land Tax Changes

Australian Expats With Discretionary Trusts To Feel Pain From NSW Land Tax Changes – The NSW government has recently introduced the State Revenue Legislation Further Amendment Bill 2019. This Bill is hugely concerning for Australian expats that own property through discretionary (family) trusts in NSW and will be retrospective in nature. Australian expats who currently pay …

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CGT Main Residence Exemption

Bill Denying CGT Main Residence Exemption Receives Royal Assent

Bill Denying CGT Main Residence Exemption Receives Royal Assent – the battle to defer the proposed bill denying the CGT Main Residence Exemption for Australian expats is now over as the bill received Royal Assent on Thursday the 12th of December. This follows the bill passing the House of Representatives on the 27th of November …

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non-residency Australian expat

ATO Statement Regarding Non-Residency Status of Australian Expat

ATO Statement Regarding Non-Residency Status of Australian Expat – The Australian Taxation Office has released a decision impact statement following the full court decision regarding the non-residency status of an Australian expat. The closely followed case of Harding v Commission of Taxation (2019) FCAFC 29 centered around whether or not the Australian expat was a …

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changes to the main residence exemption

Changes To The Main Residence Exemption Moves Step Closer

Changes To The Main Residence Exemption Move Step Closer – the long awaited and reluctantly anticipated changes to the Main Residence Exemption has moved a step closer today with the House of Representatives passing the bill. Unfortunately the bill, titled the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019,  passed unopposed by …

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Australian expat green card

What An Australian Expat Needs to Consider With A Green Card

What An Australian Expat Needs to Consider With A Green Card – We often receive a large amount of enquiries from Australian expats residing in the US and they range from new arrivals to long term residents (10+ years in the US). One area that we always cover is what type of visa the Australian …

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Australian Expats With Trusts

How Does The Recent ATO News Affect Australian Expats With Trusts?

How Does The Recent ATO News Affect Australian Expats With Trusts – In the news last week two recent ATO tax determinations may affect Australian expats with Trusts, and specifically around non-resident beneficiaries of these discretionary trusts.   What Is A Discretionary Trust?   Firstly, in order to understand the recent determination lets do a …

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