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Inner city properties are in high demand, as this article highlights through snapshots of the Sydney and Darwin property markets.
NEWS & INSIGHT
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Perth house prices are continuing their march back with new figures showing they have risen 2.5 per cent so far this year to hit an average $481,493.
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I'm heading back to live in Australia soon and am afraid my savings will be taxed when I return. Should I sell my investment portfolio before I go back?
If you’re an Australian working abroad then you’ve probably been considered a non-resident of Australia for tax purposes. The good news is all savings accrued d…
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Under Australian Tax Laws, if you are a non resident for tax purposes (which basically means that you are living permanently out of Australia), then any profits…
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I am considering buying my home in Australia that I will live in when I return, is this a good idea?
In short the answer is always “Yes”, however there are some key issues to consider.Firstly, it can be very difficult to find a home that will be suitable today …
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My property agent has suggested that I spend some money and renovate my apartment, is this a good idea?
If your property is in need of some work, it is always a good idea to get it done whilst it remains a rental property.Normally this will assist your tax, as all…
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The good news is the answer is “yes”, you can claim the cost of travelling to Australia against your tax if you collect rental on an Australian Property and mak…
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I am living out of Australia and have just started renting a property I own in Australia so understand I'll be liable for Australian tax. Will the ATO calculate tax owed on a base income of my Australian rent earnings or on my overseas earnings?
Usually when you are genuinely living out of Australia for an indefinite or extended period, then you are considered Non Resident in Australia for tax purposes,…
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You will be glad to know that Australia does not have any Inheritance Tax or Estate Duty so on that front there is nothing to pay.You should however consider th…
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For all owners of property in Australia, a Land Tax is imposed by the State Government in which the property is located.Each state has different rates and rules…
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We recently bought a house in Australia that we plan to move into on our return home. If we sell it in the future, will we need to pay Capital Gains Tax for the years we lived outside Australia?
One common misconception amongst expatriates when it comes to Australian taxation, is what constitutes ‘the family home’ in order to be exempt from Capital Gain…
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I am keen to buy my first property in Australia, but I have heard that I need 20% deposit, it could take a while for me to do this, is there any other alternative?
It is not always easy to save up your deposit with all the many spending options available to you as an expatriateThe good news for you is that recently some ba…
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Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
- Australian Dollar review & prediction;
- Interest rates…
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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