Tax and Residency: Arrivals and Departures
A tax guide for those arriving in Australian and departing from Australia
Aug 31Thu 1:00 PM AEST - Thu 2:00 PM AEST Online
- $180.00 incl. GST
- PD hours: 1
Mark Chapman provides a practical overview of how tax impacts those coming and going from Australia, those who are here temporarily and those who live overseas but have Australian assets or income.
This is the first of four webinars where Mark will take a deeper dive into selected topic areas, from his new book “Life and Taxes: A Look at Life Through Tax”.
This session will provide an overview of how the residency rules work, with reference to statute and case law and will then apply those, and other relevant laws, to a practical guide to the application of tax to:
Arriving in Australia:
How are residents taxed?
• A tax action plan for new migrants
• How are overseas assets taxed when you first come to Australia?
• How is overseas income taxed in Australia?
• Rules for working holidaymakers – how they affect taxpayers, employers and advisers
• What is a temporary resident and how are they taxed?
- How are non-residents taxed?
- How are Australian assets taxed when you leave Australia?
- Is your client resident or non-resident and what difference will it make?
- What is Taxable Australian Property and how does it affect your tax?
- Leaving Australia and coming back again; what it means for your tax and super
- How is superannuation affected when you leave?
- What happens to your student loan when you move overseas?
- An overview of the new tax rules for non-resident and temporary resident owners of Australian property
The webinar is ideal for tax practitioners and accountants dealing with individuals, particularly new arrivals, temporary residents, non-residents, working holidaymakers and ex-pat Australians, and also for other professionals (such as migration agents and real estate specialists) with an interest in how tax impacts their clients.
Webinar Learning Outcomes:
Attendees will obtain a detailed understanding of how tax law affects those coming and going from Australia, as well as a detailed practical understanding of how the law applies to many common (and some uncommon) client situations. Attendees will clearly understand the tips and traps to be aware of, as well as planning opportunities so that current and future clients get the best possible tax outcome relevant to their situation.
Those who deal on a day to day basis with the tax affairs of individuals who have recently arrived, are here temporarily, are planning to leave or are overseas but with continued exposure to Australian income or assets. This might include: Accountants, Tax agents, Lawyers, Migration agents, Real estate professionals, Financial advisers and Financial planners.
Mark Chapman is the Director of Tax Communications for H&R Block Australia. He has over 25 years’ experience as a tax professional in both the UK and Australia, specialising in tax for small business and individuals. He is a member of the Institute of Chartered Accountants in England and Wales, the Chartered Institute of Taxation and is a fellow of CPA Australia. He holds a Masters of Taxation Law with the University of New South Wales. He writes regularly on tax issues for numerous media outlets and presents on topical tax topics at seminars and other events. He broadcasts frequently on radio and television and writes a regular column for Money Magazine and Yahoo7 Finance. As a tax practitioner in the UK, he occupied a number of senior positions before moving to Australian in 2007 to join the Australian Taxation Office (ATO) as a senior director.
You will be provided with:
• PowerPoint Presentation slide deck
• Any Supporting Documentation
• Webinar Recording to view multiple times for up to 6 months
• An opportunity to ask questions to the presenter
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