During May 2021's budget, Australia’s Federal Treasurer, Josh Frydenberg, announced that Australia will replace it’s tax residency rules for individuals with a so-called ‘bright line’ test. The changes will be based on a Board of Taxation report issued in March 2019, in which a range of new tests were proposed.
Whilst draft legislation has not yet been released, it is very important for you to understand how these changes may affect you.
We are delighted to welcome distinguished guest host, Geoff Taylor, a seasoned expat tax advisor with extensive experience who will be making a special trip from Sydney to be a part of this event.
Whilst this exclusive networking occasion will naturally delve into the realm of global wealth management, it will also provide an enjoyable and unique gathering of like minded Aussies with interests in the UK.
Learn How You Can Legally Mitigate Your Tax Liability
The key questions that Australian expats need to consider whilst working in London are ‘how will these new rules apply to me?’ and ‘what actions could I take to reduce and my future tax liabilities in Australia?’.