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What are the financial implications for returning Aussies?


What are the financial implications for returning Aussies?
What are the financial implications for returning Aussies?
Australians returning home indefinitely because of the pandemic will need to consider a range of financial planning implications if they have been based overseas for long periods of time, an accounting and advice group has warned.
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HLB Mann Judd tax partner Peter Bembrick believes thousands of returning Australians will need to give consideration towards a range of tax issues, given there are tax nuances depending on the jurisdiction resided in and the length of time spent overseas.
Around 40,000 Australians are currently registered with the Department of Foreign Affairs and Trade to return home.

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Returning Australian expats cautioned on tax traps

Returning Australian expats cautioned on tax traps
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