{"id":5971,"date":"2020-07-15T15:00:00","date_gmt":"2020-07-15T07:00:00","guid":{"rendered":"https:\/\/www.infinitysolutions.com\/?p=5971"},"modified":"2022-06-27T20:56:36","modified_gmt":"2022-06-27T12:56:36","slug":"australian-expats-tax-planning","status":"publish","type":"post","link":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/","title":{"rendered":"2020 Tax Planning For Australian Expatriates: Everything You Need To Know"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<p data-pm-slice=\"1 1 []\">In June 2020, Infinity Solutions hosted a webinar that gave tax advice aimed at Australian expatriates in Asia. We welcomed two experts from the SMATS Group \u2013 Matt Heron, General Manager of Global Operations, and Pau Lam, Director of Taxation \u2013 who gave us a brief and extremely useful lowdown on expat tax planning for Australians living overseas.<\/p>\n<p>The expat tax planning webinar covered tax planning tips for Australian expatriates. In addition, it provided advice regarding the fundamental tax changes that will impact them as non-residents, particularly the removal of the capital gains tax exemption on a primary residence implemented on June 30, 2020. This article covers the general overview of everything you need to know about Australian tax for a non-resident.<\/p>\n<h2><strong>How to Determine Whether or Not You Are an Australian Non-Resident<\/strong><\/h2>\n<p>The general criteria which define if you are a non-resident for tax purposes are the following:<\/p>\n<ul>\n<li>You are permanently relocated overseas.<\/li>\n<li>You have the intent to stay living overseas long term.<\/li>\n<li>You have an appropriate long-term visa giving you the legal right to live and work in another country.<\/li>\n<li>You have an established place of abode outside Australia, i.e., property in another country that you lease or own and which you call your primary residence.<\/li>\n<li>Confirming actions:\n<ul>\n<li>Career<\/li>\n<li>Family<\/li>\n<li>Belongings<\/li>\n<li>Life \u2013 you are engaged in the community, not just on holiday<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>There is more information on the Australian Taxation Office (ATO) website\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/ato.gov.au\/Individuals\/International-tax-for-individuals\/Work-out-your-tax-residency\" target=\"_blank\" rel=\"noopener noreferrer\"><u>here<\/u><\/a>. If you are unsure of your residence status, feel free to\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/infinitysolutions.com\/contact\" target=\"_blank\" rel=\"noopener noreferrer\"><u>contact<\/u><\/a>\u00a0Infinity Solutions for assistance.<\/p>\n<h2><strong>10 Key Tax Considerations for Effective Australian Expat Tax Planning<\/strong><\/h2>\n<p><strong>Income tax<\/strong><\/p>\n<p>An Australian expat does not have any tax-free threshold (compared to AUS$ 18,200 for Australian tax residents). The\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/ato.gov.au\/Rates\/Individual-income-tax-rates#Foreignresidents\" target=\"_blank\" rel=\"noopener noreferrer\"><u>foreign resident tax rate<\/u><\/a>\u00a0starts at 32.5% (and increases when foreign income exceeds AUS$90,000).<\/p>\n<ol>\n<li><strong>Capital Gains Tax (CGT)<\/strong><\/li>\n<\/ol>\n<p>Following the removal of the 50% capital gains tax (CGT) discount for Australian non-residents in May 2012, CGT of 100% is payable on all Australian expatriates&#8217; capital gains.<\/p>\n<ol>\n<li><strong>Withholding Tax on Property<\/strong><\/li>\n<\/ol>\n<p>The sale of all properties of an expatriate that go over AUS$750k is subject to a 12.5% withholding tax. However, the seller may get the property back sometime in the future once they have lodged a tax return and declared their capital gain (or loss).<\/p>\n<ol>\n<li><strong>Fees for Failing to Lodge Taxes on Time<\/strong><\/li>\n<\/ol>\n<p>An expatriate who fails to lodge tax on time will be fined $1,050 per year plus interest on any tax liability. The Australian tax year ends on June 30; this means that taxpayers lodging their taxes have until Oct. 31 to do so. However, this deadline is extended if you seek help from professional tax advisors.<\/p>\n<p>If you are behind on your filing, the ATO\u00a0<strong>will<\/strong>\u00a0catch up with you, and it is best to be proactive and approach them first. SMATS Group can appeal on your behalf to get taxation fees reduced or waived, which is why many expatriate tax experts recommend\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/infinitysolutions.com\/contact\" target=\"_blank\" rel=\"noopener noreferrer\"><u>getting in touch<\/u><\/a>\u00a0with offices if you are in this position.<\/p>\n<ol>\n<li><strong>Removal of Travel Expenses on Property Inspections<\/strong><\/li>\n<\/ol>\n<p>From July 2017 onwards, property owners can no longer deduct travel expenses on Australian properties they own and rent. The ATO removed this option because some people abused various expatriate tax services for their benefit.<\/p>\n<ol>\n<li><strong>HELP\/HECS Now Repayable on Offshore Salary<\/strong><\/li>\n<\/ol>\n<p>This is based on overseas income, so expats in Australia need to declare the overseas income they earn in other areas of the world even if they are not taxed on it.<\/p>\n<ol>\n<li><strong>Shares in Australia<\/strong><\/li>\n<\/ol>\n<p>When expats are no longer living in Australia, their shares are considered sold on their departure by the government, and they may still have CGT to pay. If you are unsure about your assets, it is best to consult a professional&#8217;s services to advise you on your next step.<\/p>\n<ol>\n<li><strong>Land Tax<\/strong><\/li>\n<\/ol>\n<p>Expats should be sure to register for land tax on properties they own that are in Australia. This is a state-based tax applied to the cumulative value of land held across a state, with the threshold applying to the accumulated value.<\/p>\n<ol>\n<li><strong>Superannuation<\/strong><\/li>\n<\/ol>\n<p>A Self-Managed Super Fund (SMSF) must be shut down within two years of leaving Australia unless you have an Australian director. Superannuation is an excellent tax-saving vehicle for Australian residents to protect their investment income. Still, more choices are available to Australians living overseas. Alternative investments will often give you an advantage, particularly for younger expats new to working out their tax returns.<\/p>\n<p>It is recommended to get advice from your financial adviser about your best contributions or investment options. It would help to reduce your risks significantly if you reconsidered superannuation a year or two before you\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/bit.ly\/2020-tax-planning-for-australian-expats-considerations-when-returning-to-australia\" target=\"_blank\" rel=\"noopener noreferrer\"><u>return to Australia<\/u><\/a>\u00a0or when you are closer to retirement, sometime in your fifties or sixties.<\/p>\n<ol>\n<li><strong>Australian Shares and Offshore Investments<\/strong><\/li>\n<\/ol>\n<p>Profits on shares and offshore investments in Australia are not taxable while you are living overseas. On the flip side, the interest component cannot be claimed against tax if you borrow money to buy the shares. Australian shares are a great form of investment for expats living overseas, and this is something to discuss with your financial adviser.<\/p>\n<h2><strong>The Change to CGT Main Residence Exemption Affecting Many Australian Expats<\/strong><\/h2>\n<p>This change to legislation took effect on June 30, 2020, and affects many Australian expats. Australians living abroad no longer have access to the capital gains tax exemption on a family home and may face a hefty bill if they sell their former residence in Australia while living abroad. The main points to consider are as follows:<\/p>\n<ul>\n<li>The change only impacts a former residence,\u00a0<strong>not<\/strong>\u00a0investment properties<\/li>\n<li>CGT is not payable if the property is sold after moving back to Australia<\/li>\n<li>Exemptions exist in the case of death, divorce, and financial hardship<\/li>\n<\/ul>\n<p>If you plan to return to Australia, your best preparation option is to keep your primary residence and access equity through funding so that you can claim the principal residence exemption after you return to Australia. Circumstances do not require you to live in that home when you return to the country, but you do need to be a resident with the intent to return to life under Australia&#8217;s tax rules.<\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/bit.ly\/2020-tax-planning-for-australian-expat-investing-in-property\" target=\"_blank\" rel=\"noopener noreferrer\"><u>Click here<\/u><\/a>\u00a0if you&#8217;d like to read Matt&#8217;s top tips on investing in property as an Australian expat.<\/p>\n<p>If you are an Australian currently working overseas but you are considering returning to Australia in the next few years, take a look at the advice offered by SMATS Group\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/bit.ly\/2020-tax-planning-for-australian-expats-considerations-when-returning-to-australia\" target=\"_blank\" rel=\"noopener noreferrer\"><u>here<\/u><\/a>.<\/p>\n<p>There is a lot of information here, but the key takeaway for Australian expats looking to maximise their opportunities during their time overseas is seeking professional tax planning advice! You can discuss any of the above points with your financial adviser, who will put you in touch with the relevant contacts at SMATS Group for more specialist advice if it is required. If you don&#8217;t have a financial adviser, contact us for a free initial consultation to get your financial planning in order.<\/p>\n<p><em>Infinity would like to thank Matt Heron and Pau Lam for the information provided during this webinar. The SMATS Group is an international leader in delivering Australian taxation, \ufb01nance and property investment services to Australian expatriates, foreign investors and intended migrants. No other company offers the same range of services, accessibility, global expertise and experience. Please note that this information is general. Always seek professional advice relating to your specific circumstances before making major financial decisions.<\/em><\/p>\n<h2>Basic Australian Tax For Expats<\/h2>\n<p>Foreign residents who works in Australia declare their tax return on income earned in Australia.<\/p>\n<ul>\n<li>Rental income<\/li>\n<li>Employment income<\/li>\n<li>Capital Gains tax on all assets in Australia<\/li>\n<li>Any Australian annuities and pensions, unless there is a tax treaty or exemptions according to Australian tax law<\/li>\n<li>Income tax on any income earned in Australia because you&#8217;re not eligible for a tax-free threshold.<\/li>\n<li>Australian residents who have a tax file number typically have lower national income tax rates compared to foreign residents.<\/li>\n<li>You are not required to pay the Medicare levy surcharge, and you won&#8217;t receive the benefits of Medicare health.<\/li>\n<li>You do not declare interest, royalties, or dividends sourced in Australia and earned while you are a foreign resident if the company or institution from which the money is derives already withheld tax. The company will do this if they are informed that you are a foreign resident.<\/li>\n<\/ul>\n<h2>Who Has To Pay Tax in Australia<\/h2>\n<p>All Australian residents have to pay Australian tax on their worldwide income. Australian tax is only payable by a non-resident on Australian-sourced income.<\/p>\n<p>Individuals, potentially expats, may be exempt from paying Australian tax on particle income if they are deemed a temporary resident. A temporary resident may be exempt from paying Australian tax on capital gains earned on assets that aren&#8217;t considered taxable Australian property on foreign-source investment income (not foreign employment income).<\/p>\n<h2>Australian Income Tax For Expats<\/h2>\n<p>Australian tax for expats is computed by subtracting any losses and deductible expenses from the taxpayer&#8217;s assessable income.<\/p>\n<p><strong>Advice on employment income for expat:<\/strong><\/p>\n<p>Wages, salary, most cash compensations, and allowances are all included in the assessable income of the employee within the year of receipt. Fringe Benefits Tax on any benefits the noncash employee receives must be payed by the employer. The financial year of Australian tax starts on the first of July and ends on the thirtieth of Jun the following year.<\/p>\n<p><strong>Business Income and Self-employment<\/strong><\/p>\n<p>The taxable income derived from a business or self-employment is subject to Australian tax. In a partnership, every partner is taxed based on their shares of the taxable income of the partnership.<\/p>\n<p><strong>Directors&#8217; Fees<\/strong><\/p>\n<p>All the directors&#8217; fees are deemed personal income taxed in the year it was received and included in assessable income.<\/p>\n<p><strong>Dividends<\/strong><\/p>\n<p>Resident shareholders&#8217; assessable income included all the received dividends. Dividends that are paid from taxed corporate profits that Australian companies pay are totalled for the underlying corporate taxes paid. Shareholders can then claim the underlying corporate tax for their own tax return credit.<\/p>\n<p>Australian sourced dividends paid to Australian non-residents are typically subject to a 30% final withholding tax on the portion that is paid from corporate profits that aren&#8217;t taxed.<\/p>\n<p>Australian residents&#8217; assessable income includes dividends that are foreign-sourced. A foreign income tax offset is allowed if the tax was paid in a foreign country. The foreign income tax offset is approximately equal to the amount of the Australian tax payable or the foreign tax paid.<\/p>\n<p>Temporary Australian residents will not be assessed on gains earned on non-taxable Australian property or foreign source investment income.<\/p>\n<p><strong>Royalties, Interest, and Rental Income<\/strong><\/p>\n<p>Royalties, interest, as well as rental income that are residents&#8217; receive are included in assessable income, and deductions may apply to eligible expenses.<\/p>\n<p>If taxes are paid on a foreign rental income in a foreign country, residents are allowed to claim a foreign income tax offset. That tax can be offset against Australian assessable income if the foreign investment leads to a tax loss.<\/p>\n<p>Temporary residents aren&#8217;t allowed to offset foreign expenses or any losses against assessable Australian income because they will not be assessed on foreign investment income.<\/p>\n<p>Interest paid to an Australian non-resident by an Australian resident is subject to a 10% final withholding tax. Interest paid to a non-Australian resident by a temporary resident is still subject to interest withholding tax. Any royalties non-Australian residents&#8217; receive are subject to a 30% final withholding tax. The final withholding tax may be 10% or 15% if any tax treaties apply.<\/p>\n<h2>Tax Treaties and Double Taxation Relief For Expat Taxes in Australia<\/h2>\n<p>Foreign income tax offset is available on payments similar to Australian income tax payable on the same income.<\/p>\n<p>Australian residents and foreign resident taxpayers can claim a foreign income tax offset that is lower than or an equivalent foreign tax paid or the amount of payable Australian tax for the total amount included in the assessable income of the taxpayer, which they have paid foreign income tax on.<\/p>\n<p>Excess foreign tax offsets may not be executed. Australia currently has tax treaties with forty-five countries, and the Australian Tax Office offers a helpful calculator to determine tax obligations and aid in expat tax services.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] In June 2020, Infinity Solutions hosted a webinar that gave tax advice aimed at Australian expatriates in Asia. We welcomed two experts from the SMATS Group \u2013 Matt Heron, General Manager of Global Operations, and Pau Lam, Director of Taxation \u2013 who gave us a brief and extremely useful lowdown on expat tax planning&hellip;<\/p>\n","protected":false},"author":2,"featured_media":5975,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false},"categories":[153,6],"tags":[],"class_list":["post-5971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-expatriate-financial-planning","category-153","category-6","description-off"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Australian Expats Tax Planning | Infinity Financial Solutions<\/title>\n<meta name=\"description\" content=\"Tax planning tips for Australian expats and information regarding the key tax changes that will impact them as non-residents\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian Expats Tax Planning | Infinity Financial Solutions\" \/>\n<meta property=\"og:description\" content=\"Tax planning tips for Australian expats and information regarding the key tax changes that will impact them as non-residents\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/\" \/>\n<meta property=\"og:site_name\" content=\"Infinity Financial Solutions\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/infinityfinancialsolutions\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-15T07:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-27T12:56:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Infinity Financial Solutions\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@investmentasia\" \/>\n<meta name=\"twitter:site\" content=\"@investmentasia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Infinity Financial Solutions\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/\"},\"author\":{\"name\":\"Infinity Financial Solutions\",\"@id\":\"https:\/\/www.infinitysolutions.com\/#\/schema\/person\/a2ccb82ec7b4b1e79d5d970a104927ac\"},\"headline\":\"2020 Tax Planning For Australian Expatriates: Everything You Need To Know\",\"datePublished\":\"2020-07-15T07:00:00+00:00\",\"dateModified\":\"2022-06-27T12:56:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/\"},\"wordCount\":2035,\"publisher\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg\",\"articleSection\":[\"Blog\",\"Expatriate Financial Planning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/\",\"url\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/\",\"name\":\"Australian Expats Tax Planning | Infinity Financial Solutions\",\"isPartOf\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg\",\"datePublished\":\"2020-07-15T07:00:00+00:00\",\"dateModified\":\"2022-06-27T12:56:36+00:00\",\"description\":\"Tax planning tips for Australian expats and information regarding the key tax changes that will impact them as non-residents\",\"breadcrumb\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage\",\"url\":\"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg\",\"contentUrl\":\"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg\",\"width\":1000,\"height\":500,\"caption\":\"2020-tax-planning-for-australian-expats-what-you-need-to-know\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.infinitysolutions.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2020 Tax Planning For Australian Expatriates: Everything You Need To Know\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.infinitysolutions.com\/#website\",\"url\":\"https:\/\/www.infinitysolutions.com\/\",\"name\":\"Infinity Financial Solutions\",\"description\":\"Infinity specialises in providing superior financial planning solutions to expatriates throughout Asia and across the world.\",\"publisher\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.infinitysolutions.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.infinitysolutions.com\/#organization\",\"name\":\"Infinity Solutions\",\"url\":\"https:\/\/www.infinitysolutions.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.infinitysolutions.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/infinity-solutions-logo-no-tagline-200x57.png\",\"contentUrl\":\"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/infinity-solutions-logo-no-tagline-200x57.png\",\"width\":200,\"height\":57,\"caption\":\"Infinity Solutions\"},\"image\":{\"@id\":\"https:\/\/www.infinitysolutions.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/infinityfinancialsolutions\",\"https:\/\/x.com\/investmentasia\",\"https:\/\/twitter.com\/investmentasia\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.infinitysolutions.com\/#\/schema\/person\/a2ccb82ec7b4b1e79d5d970a104927ac\",\"name\":\"Infinity Financial Solutions\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.infinitysolutions.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19bd93e3f8e408d8b46efaf842f367410aeba6accb118db4d6e32ff12bcdd882?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19bd93e3f8e408d8b46efaf842f367410aeba6accb118db4d6e32ff12bcdd882?s=96&d=mm&r=g\",\"caption\":\"Infinity Financial Solutions\"},\"description\":\"A leading provider of expat financial services and wealth management services across Asia.\",\"url\":\"https:\/\/www.infinitysolutions.com\/author\/infinity\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australian Expats Tax Planning | Infinity Financial Solutions","description":"Tax planning tips for Australian expats and information regarding the key tax changes that will impact them as non-residents","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/","og_locale":"en_US","og_type":"article","og_title":"Australian Expats Tax Planning | Infinity Financial Solutions","og_description":"Tax planning tips for Australian expats and information regarding the key tax changes that will impact them as non-residents","og_url":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/","og_site_name":"Infinity Financial Solutions","article_publisher":"https:\/\/www.facebook.com\/infinityfinancialsolutions","article_published_time":"2020-07-15T07:00:00+00:00","article_modified_time":"2022-06-27T12:56:36+00:00","og_image":[{"width":1000,"height":500,"url":"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg","type":"image\/jpeg"}],"author":"Infinity Financial Solutions","twitter_card":"summary_large_image","twitter_creator":"@investmentasia","twitter_site":"@investmentasia","twitter_misc":{"Written by":"Infinity Financial Solutions","Est. reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#article","isPartOf":{"@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/"},"author":{"name":"Infinity Financial Solutions","@id":"https:\/\/www.infinitysolutions.com\/#\/schema\/person\/a2ccb82ec7b4b1e79d5d970a104927ac"},"headline":"2020 Tax Planning For Australian Expatriates: Everything You Need To Know","datePublished":"2020-07-15T07:00:00+00:00","dateModified":"2022-06-27T12:56:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/"},"wordCount":2035,"publisher":{"@id":"https:\/\/www.infinitysolutions.com\/#organization"},"image":{"@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage"},"thumbnailUrl":"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg","articleSection":["Blog","Expatriate Financial Planning"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/","url":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/","name":"Australian Expats Tax Planning | Infinity Financial Solutions","isPartOf":{"@id":"https:\/\/www.infinitysolutions.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage"},"image":{"@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage"},"thumbnailUrl":"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg","datePublished":"2020-07-15T07:00:00+00:00","dateModified":"2022-06-27T12:56:36+00:00","description":"Tax planning tips for Australian expats and information regarding the key tax changes that will impact them as non-residents","breadcrumb":{"@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#primaryimage","url":"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg","contentUrl":"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/2020-tax-planning-for-australian-expats-what-you-need-to-know.jpg","width":1000,"height":500,"caption":"2020-tax-planning-for-australian-expats-what-you-need-to-know"},{"@type":"BreadcrumbList","@id":"https:\/\/www.infinitysolutions.com\/blog\/australian-expats-tax-planning\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.infinitysolutions.com\/"},{"@type":"ListItem","position":2,"name":"2020 Tax Planning For Australian Expatriates: Everything You Need To Know"}]},{"@type":"WebSite","@id":"https:\/\/www.infinitysolutions.com\/#website","url":"https:\/\/www.infinitysolutions.com\/","name":"Infinity Financial Solutions","description":"Infinity specialises in providing superior financial planning solutions to expatriates throughout Asia and across the world.","publisher":{"@id":"https:\/\/www.infinitysolutions.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.infinitysolutions.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.infinitysolutions.com\/#organization","name":"Infinity Solutions","url":"https:\/\/www.infinitysolutions.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.infinitysolutions.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/infinity-solutions-logo-no-tagline-200x57.png","contentUrl":"https:\/\/www.infinitysolutions.com\/wp-content\/uploads\/infinity-solutions-logo-no-tagline-200x57.png","width":200,"height":57,"caption":"Infinity Solutions"},"image":{"@id":"https:\/\/www.infinitysolutions.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/infinityfinancialsolutions","https:\/\/x.com\/investmentasia","https:\/\/twitter.com\/investmentasia"]},{"@type":"Person","@id":"https:\/\/www.infinitysolutions.com\/#\/schema\/person\/a2ccb82ec7b4b1e79d5d970a104927ac","name":"Infinity Financial Solutions","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.infinitysolutions.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/19bd93e3f8e408d8b46efaf842f367410aeba6accb118db4d6e32ff12bcdd882?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19bd93e3f8e408d8b46efaf842f367410aeba6accb118db4d6e32ff12bcdd882?s=96&d=mm&r=g","caption":"Infinity Financial Solutions"},"description":"A leading provider of expat financial services and wealth management services across Asia.","url":"https:\/\/www.infinitysolutions.com\/author\/infinity\/"}]}},"_links":{"self":[{"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/posts\/5971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/comments?post=5971"}],"version-history":[{"count":6,"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/posts\/5971\/revisions"}],"predecessor-version":[{"id":10552,"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/posts\/5971\/revisions\/10552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/media\/5975"}],"wp:attachment":[{"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/media?parent=5971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/categories?post=5971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infinitysolutions.com\/wp-json\/wp\/v2\/tags?post=5971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}