First Impressions - Test driving the proposed residency rules The pending overhaul of Australia’s individual tax residency rules, announced in the Commonwealth Government’s 2021-2022 budget[1] based on the Board of Taxation’s 2019 report, ‘Reforming Individual Tax Residency Rules – A model for modernisation: a report to the Treasurer’[2] (‘Report’) mark...
When supporting a family isn’t taxing enough…
Are you an Expat with a family who remain in Australia? Determining an individual’s tax residency under current Australian law where one spouse lives and works overseas while the other remains in Australia with family can be financially critical.