Episode 2 - Australian Expat Taxes
06/07/24 • 46 min
In this episode of Money Side Up, we dive into the complex world of expat tax planning with Bradley Murphy, a seasoned Australian tax expert. With over 15 years of experience across Australia, London, and the US, Brad brings invaluable insights into the intricacies of tax residency, tax obligations for Australian expats, and the potential impact of proposed tax changes.
Brad and our hosts, Jarrad Brown and Joel Kerin, discuss key topics including:
- The basics of tax residency and its implications for expats.
- Differences between being a tax resident and a non-tax resident of Australia.
- Common misconceptions and mistakes expats make regarding tax residency.
- The proposed 45-day rule and its potential impact on Australian expats.
- Important steps and documentation needed to exit the Australian tax system.
- The interplay between tax planning and broader financial planning for expats.
Whether you’re an Australian living abroad or considering a move, this episode provides essential information to help you navigate your tax obligations and make informed financial decisions. Don’t miss Brad’s expert insights on avoiding common pitfalls and maximising your expat experience.
Listen now on all major podcast platforms and follow us on social media @MoneySideUp for updates and more financial tips for Aussies worldwide.
Connect with Us:
- Website: https://moneysideup.com.au
- Facebook: https://www.facebook.com/moneysideup
- LinkedIn: https://www.linkedin.com/company/moneysideup
- YouTube: https://www.youtube.com/@MoneySideUpPodcast
Subscribe & Listen:
- Available on all major podcast platforms: Spotify, Apple Podcasts, and more.
Feedback & Questions:
- We'd love to hear from you! Whether you have a question for us, or just want to drop us a note - reach out at [email protected]
Disclaimer:
- The content of this podcast is for informational and entertainment purposes only and should not be considered as financial advice. Always seek professional advice from a licensed financial adviser or tax agent for your personal financial matters.
Support Us:
- If you enjoyed this episode, please leave us a 5-star rating and review on your preferred podcast platform. It really helps us reach more Aussies around the world!
Upcoming Episode:
- Don’t miss our next episode where we're interviewing an excellent guest, and covering the latest need to know personal finance information for Australians at home and abroad. Stay tuned!
In this episode of Money Side Up, we dive into the complex world of expat tax planning with Bradley Murphy, a seasoned Australian tax expert. With over 15 years of experience across Australia, London, and the US, Brad brings invaluable insights into the intricacies of tax residency, tax obligations for Australian expats, and the potential impact of proposed tax changes.
Brad and our hosts, Jarrad Brown and Joel Kerin, discuss key topics including:
- The basics of tax residency and its implications for expats.
- Differences between being a tax resident and a non-tax resident of Australia.
- Common misconceptions and mistakes expats make regarding tax residency.
- The proposed 45-day rule and its potential impact on Australian expats.
- Important steps and documentation needed to exit the Australian tax system.
- The interplay between tax planning and broader financial planning for expats.
Whether you’re an Australian living abroad or considering a move, this episode provides essential information to help you navigate your tax obligations and make informed financial decisions. Don’t miss Brad’s expert insights on avoiding common pitfalls and maximising your expat experience.
Listen now on all major podcast platforms and follow us on social media @MoneySideUp for updates and more financial tips for Aussies worldwide.
Connect with Us:
- Website: https://moneysideup.com.au
- Facebook: https://www.facebook.com/moneysideup
- LinkedIn: https://www.linkedin.com/company/moneysideup
- YouTube: https://www.youtube.com/@MoneySideUpPodcast
Subscribe & Listen:
- Available on all major podcast platforms: Spotify, Apple Podcasts, and more.
Feedback & Questions:
- We'd love to hear from you! Whether you have a question for us, or just want to drop us a note - reach out at [email protected]
Disclaimer:
- The content of this podcast is for informational and entertainment purposes only and should not be considered as financial advice. Always seek professional advice from a licensed financial adviser or tax agent for your personal financial matters.
Support Us:
- If you enjoyed this episode, please leave us a 5-star rating and review on your preferred podcast platform. It really helps us reach more Aussies around the world!
Upcoming Episode:
- Don’t miss our next episode where we're interviewing an excellent guest, and covering the latest need to know personal finance information for Australians at home and abroad. Stay tuned!
Next Episode
Episode 6 - Estate Planning for Australian Expats
Join co-hosts Jarrad Brown and Joel Kerin in Episode 6 of the Money Side Up podcast, where they dive into the critical topic of estate planning for Australian expats. This episode features a comprehensive overview of the latest Australian Budget highlights and effective end-of-financial-year strategies for both expats and residents.
Special guest Gerard Basha from Bartier Perry Pty Ltd, an Accredited Specialist in Wills and Estates Law, shares his expertise on navigating estate planning complexities. Highlights of the discussion include:
- The importance of estate planning for both residents and expats.
- Ensuring the legal validity of wills across multiple countries.
- Key tax implications for expat estate planning.
- The role of superannuation in an expat's estate plan.
- Managing properties and digital assets in multiple countries.
- Common pitfalls in estate planning and how to avoid them.
Tune in for this insightful conversation to ensure you’re well-prepared and informed about the nuances of estate planning as an Australian expat.
Listen now on all major podcast platforms and follow us on social media @MoneySideUp for updates and more financial tips for Aussies worldwide.
Connect with Us:
- Website: https://moneysideup.com.au
- Facebook: https://www.facebook.com/moneysideup
- LinkedIn: https://www.linkedin.com/company/moneysideup
- YouTube: https://www.youtube.com/@MoneySideUpPodcast
Subscribe & Listen:
- Available on all major podcast platforms: Spotify, Apple Podcasts, and more.
Feedback & Questions:
- We'd love to hear from you! Whether you have a question for us, or just want to drop us a note - reach out at [email protected]
Disclaimer:
- The content of this podcast is for informational and entertainment purposes only and should not be considered as financial advice. Always seek professional advice from a licensed financial adviser or tax agent for your personal financial matters.
Support Us:
- If you enjoyed this episode, please leave us a 5-star rating and review on your preferred podcast platform. It really helps us reach more Aussies around the world!
Upcoming Episode:
- Don’t miss our next episode where we're interviewing an excellent guest, and covering the latest need to know personal finance information for Australians at home and abroad. Stay tuned!
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