Working Overseas Tax Trap

Pelican in flight tying to catch a fish in it's beak

Download PDF If you are considering a secondment overseas please make sure you get the right advice first. This blog is motivated by reading some poor advice from an Australian company sending an employee to work in the UK for 2 years. Basically, the employer told the employee that they could not tax their UK …

Expats Beware

Australian Expats may lose their main residence tax exception.

Expats Beware the Australian Government is After Your Main Residence Exemption Again! The bill to remove the main residence exemption for expats made its way through both houses in the final days of the 2019 parliament. It is a little tamer than the 2017 version but can still apply retrospectively to destroy your main residence …

Tax on Christmas Parties

(Download PDF) FBT and the Office Christmas Party There two important points you need to know. Firstly, that you are better to pay your staff a Christmas bonus and let them throw their own Christmas party. Second point is that there is no way you can dress up a Christmas party to be anything else …

Claiming Property Expense When Not Rented

Claiming Property Expense When Not Rented       The big question is – “What is Exceptional Damage Beyond Your Reasonable Control?”  The answer in the case of the above photo would depend on a DNA test because if your family does the damage, no tax deduction. What a segue!  Sounds a lot more interesting than discussing …