CGT for Expatriates and Non-residents
A guide to the CGT implications of arriving in, departing from or investing in Australia.
Stream this recording multiple times at your convenience.
- $180.00 incl. GST
- PD hours: 1
Over the past few years, the government has increasingly moved to tax non-residents on capital gains differently to Australian residents. Whether your client is a non-resident investing in Australia or an expat leaving the country for a period overseas, there can be significant CGT costs imposed.
This webinar looks at all the CGT issues that those arriving in Australia from overseas, leaving Australia permanently or temporarily and investing in Australia from abroad need to know. Topics to be covered include:
• A brief overview of the residency rules
• How non-residents are taxed on gains
• CGT and new arrivals in Australia
• CGT and temporary residents
• Taxable Australian Property and the impact on CGT
• CGT events upon leaving Australia
• The main residence exemption for non-residents and expats
• Non-residents and the CGT discount
• Foreign resident CGT withholding
Webinar Learning Outcomes:
Attendees can expect to complete the webinar with a detailed understanding of the way CGT can apply to non-residents, temporary residents and new arrivals, together with practical tips on how clients can structure their affairs to minimise the impact of the tax.
Ideally suited to 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 exposure to Australian assets. This might include:
• Tax agents
• Migration agents
• Real estate professionals
• Financial advisers.
Since 2015, Mark Chapman has been Director of Tax Communications with H&R Block Australia. 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 Australia in 2007 to join the Australian Taxation Office (ATO) as a senior director. Mark is also the author of Life and Taxes: A Look At Life Through Tax published by Wolters Kluwer, CCH Australia.
Mark has over 25 year’s experience as a tax professional in both the UK and Australia, specialising in tax for small business and individuals. He is a fellow of the Institute of Chartered Accountants in England and Wales, a fellow of CPA Australia and a member of the Chartered Institute of Taxation. He holds a Masters of Taxation Law with the University of New South Wales.
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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