Distinguished Talent Visa: What are the Tax Implications in Australia
5-minute read
The Distinguished Talent Visa (subclass 858) offers a number of benefits, including a fast-track application process and a generous tax exemption.
Key Tax Difference Between a Permanent Resident and Temporary Resident
5-minute read
There are key differences between a permanent resident and temporary resident in Australia in regards to tax obligations. Read on to learn more.
Tax Obligations for Australian Residents Working for a Foreign Employer
5-minute read
If you're an Australian resident working for a foreign employer, you have tax obligations in both Australia and the country you work in. Learn more.
Changes in Main Residence Exemption for Australian Expats and Foreign Investors
5-minute read
The changes to the main residence exemption are designed to make it fairer for Australian residents. Previously, foreign residents could sell their Australian property without paying CGT, even if they had never lived in Australia. The new rules will ensure that foreign residents pay CGT on any capital gains made from the sale of Australian property, just like Australian residents.
7 Key Tax Benefits That Every Property Investor Should Know
5-minute read
Property investing can be a great way to build wealth and generate passive income. However, it is important to do your research and understand the risks involved before you get started.
Navigating the Maze: Tax Return Requirements for Home Loan in Australia
5-minute read
Tax return requirements are crucial to your home loan application because they present a clear picture of your financial status. Your tax returns will include various types of income, from wages and salaries to income from investments and rentals. Lenders scrutinize these documents to ensure you have a stable income that can comfortably cover your loan repayments.
Differences Between Property Tax and Land Tax in Australia
5-minute read
If you are considering buying or selling property in Australia, it is important to understand the difference between property tax and land tax. This will help you to make an informed decision about which type of property is right for you.
Loyalty Tax for a Home Loan
5-minute read
Paying loyalty tax on your home loan can be a costly mistake. By taking steps to avoid it, you can save money and get ahead on your mortgage. This article offers a comprehensive guide to understanding and managing the loyalty tax on home loans in Australia.
Comprehensive Guide to Australian Tax Declarations
5-minute read
In Australia, tax declarations are an important part of the tax system. They allow the Australian Taxation Office (ATO) to track income and expenses, and to ensure that everyone pays the correct amount of tax.
Tax Depreciation, Capital Expenses and Allowances
5-minute read
Learn how to claim tax depreciation on your business assets, including capital expenses and allowances. This guide is for Australian expats and foreign investors living overseas.
Taxes on Renting Out a Room in Your House in Australia
5-minute read
As global mobility increases, more and more Australian expats and foreign investors are tapping into the potential of the Australian housing market. One trend gaining traction is renting out rooms in private homes. This guide is tailored for those interested in this venture, helping you navigate the tax implications and optimise your investment.
Work Remotely Taxes for Australian Expats & Foreign Investors
5-minute read
In the age of technological advancements, the paradigm of the traditional workplace has significantly shifted. The advent of remote work has opened up a world of possibilities, erasing geographical boundaries.
