Minimise your tax using property depreciation
Minimise your tax using property depreciation. I frequently say that Australian property can be a desirable investment prospect for expatriates looking to minimise their Australian tax, both while overseas and when they return home.
The principal residence CGT exemption & Australian expatriates
The principal residence CGT exemption & Australian expatriates. When the property is sold in Australia, the Captial Gain is calculated. The capital gain will be subject to Australian Capital Gains Tax (CGT). The capital gain is generally calculated as the sale price less the acquisition costs of that property and tax is paid thereon.
Moving overseas and selling your home during COVID? Watch out for tax!
Moving overseas and selling your home during COVID? Watch out for tax!
A recent ruling has confirmed that the Australian Taxation Office (ATO) is unable to extend the main residence capital gains tax (CGT) exemption to expatriate Australians who have been unable to sell their Australian home due to COVID-19 restrictions.
What happens to my Australian property when I move overseas?
What happens to my home when I move overseas? This common question is answered by The Expatriate Taxation specialist Dean Crossingham
5 Tax Tips for Expatriates departing Australia
Top 5 Tax Tips for Australian’s departing Australia to live abroad.
5 Tax Tips for Expatriates Returning to Australia
5 Tax Tips for Expatriates Returning to Australia. We know you have plenty of things to do when planning for your return back to life in Australia. Not least is to organise your Australian tax affairs. Australia’s tax system is complicated and can be costly for the unaware. After all, you don’t want to have tax regrets just because you didn’t get around to proper planning before arriving back in Australia.
How am I Taxed in Australia?
The Expatriate has put together a short-cut guide to help you quickly understand the tax consequences of each change to your Australian residency status.