The end of the Australian financial year is rapidly approaching and it’s important to explore your options to reduce your taxable income in Australia sooner rather than later. Many Australian expats will ignore their tax position in Australia assuming that either there is nothing that can be done, or they simply don’t have the time [...]
We’re now on the home stretch to the end of the Australian financial year so it’s important to ensure that you’ve not overlooked anything as an Australian expat and haven’t missed out on any opportunities available to you. I’ve put together my End of Financial Year Checklist for Australian expats in Singapore and across the [...]
The 2018 Australian Federal Budget has thankfully suggested that very little will change for Australian expats living and working across the globe. Treasurer Scott Morrison handed down the 2018-19 Budget on the 8th May and I have outlined the key changes below that may impact Australian expats. Tax Rate Changes The Government has introduced a [...]
With the end of the Australian financial year rapidly approaching, we thought we’d sit back and take a look at some of the quirkiest tax deductions people have tried to claim for in the past. Tax Deductible Arsonist..? A particularly bright individual in the US (of course) not only wanted to claim his insurance proceeds [...]
Debt can be an excellent tool that can be put to great use in building your wealth…BUT it’s important that you be clear on the difference between your GOOD debt and your BAD debt. Good debt is putting somebody else’s money, such as the bank, to good use in building your net wealth, while bad [...]
For many Australian expats in Singapore, the end of financial year in Australia is a time of the year that is largely forgotten about. This can be a costly oversight and put more of your hard-earned dollars in the pockets of the tax office. I’d like to share with you some key considerations for you [...]
