Tax Advice

Income Tax Advice is very important for every person, and it’s important to get the right advice, too. You may be concerned about completing your tax return, or perhaps you are concerned about what tax bracket you fit into. Maybe you’d like to find out your eligibility for income tax deductions or tax rebates.

Income Tax Advice – Non-Residents, Future Migrants and Working Visitors

This section provides introductory information tailored for Australians who are not tax residents, future migrants and working visitors, regarding the Australian tax system, and how B B Whitehouse Group can assist you with these needs.

1. While a tax resident of Australia, individuals are taxed on their worldwide income at a maximum taxable rate of 46.5%. When they become non-resident for tax purposes they become liable only for tax on Australian sourced income - an approach which differs from that of some other countries, such as the US.
2. The tests are often very dependent, however, on an individual's personal circumstances and you are strongly advised to seek professional Income Tax Advice if you have any doubts about your tax or residency status - particularly given the changes made to the taxation of offshore employment made in the 2009 Budget.
3. Other areas of common concern to expatriates are the application of Capital Gains Tax (CGT) in relation to property and assets in Australia, both on departure and whilst overseas, and how rental income from property is treated whilst overseas.

Australian expatriates should take Income Tax Advice or tax briefings with a professional Tax Agent or advisor before leaving Australia and at least several months prior to their return. You can talk to the online tax agents of B B Whitehouse Group in Brisbane and Toowoomba.