In the ever-evolving landscape of international taxation, learning about the proposed Australian tax residency rules and their impact on individuals pursuing a nomadic lifestyle or exploring offshore opportunities is crucial.
We discuss how you may be deemed an Australian tax resident or an Australian tax non-resident under the new rules. In addition to how to pay less tax in Australia and the different tax residency applications.
In this blog post, based on this video, we will discuss the crucial considerations when ceasing Australian tax residency, explore the concept of Australian-sourced income, delve into non-resident tax rates, and provide strategies to potentially pay less tax or even avoid taxation altogether.
HECS has been around since 1989, assisting countless students to access higher education. That being said, knowing how the government operates, they want their money back as soon as possible.
When setting up your business in Australia – the most important decision to make concerning business tax rates in Australia is your structure. It’s helpful to consider your business vision and objectives when setting up a structure.