How am I Taxed in Australia?

TaxationRelocation
Written By Dean Crossingham

A tax guide for departing and arriving Australians

There is no doubt that Australia’s tax system can be confusing to navigate, even I can admit!

This is especially the case for Australians who are leaving Australia for another country or returning home from their overseas tenure. Having to deal with the upheaval of your relocation, while also needing to address the complex changes to your Australian tax residency status. What does ‘residency’ even mean anyway?  

Arrival for new Australians is no easy feat either. Although you may have already landed on Australian soil with a one-way ticket, the transition to your Australian tax residency can be a slower journey. Often, its years in the making with many important decisions along the way.

Whether you are an Australian expatriate changing between Australian and foreign residency status or vice-versa, or a new Australian graduating through foreign, temporary to (finally) Australian residency status it’s important to understand how Australia’s tax laws apply to you.

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.

The Expatriate always tries to make sure all information is accurate. However, when reading our website please always consider our Disclaimer policy.

Dean Crossingham

Dean is an Accountant and Tax Adviser who specialises in tax services to Australian expatriates and those seeking migration to Australia.

He provides expert guidance in navigating the complex Australian tax consequences of exiting and recommencing Australian residency, first-time arrival into Australia as well as personal foreign investment and business. This includes international relocation tax planning, personal asset structuring as well as attendance to Australian tax return lodgements for Australian expatriates, foreign investors, and businesses.

Dean advises executives, families, and private business owners who are based globally including across Asia, the US, the EU, the Middle East, and Africa.

“For me, helping Australian expatriates and intended migrants is an area that is very important. Relocating yourself and your family to another country is certainly a big decision and there is always a lot at stake. By providing care and expertise across tax planning and compliance, I find that I can really give a lot of comfort and confidence to executives, families, and business owners as their depart, arrive or return to Australia.” 

Dean is a Chartered Tax Adviser, a member of the Institute of Chartered Accountants Australia and New Zealand, and is a Registered Tax Agent. He holds a couple of Master's degrees and is a published author in peer-reviewed journals for the Taxation Institute of Australia.

The Expatriate - Accounting Specialists

Stanford Brown - Head of Accounting

https://stanfordbrown.com.au/
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