Australia doesn’t have inheritance tax — but once you introduce overseas estates or non-resident beneficiaries, the tax outcome can change significantly. The key issue isn’t the inheritance itself. It’s who is taxed, when, and under what structure. 1. Receiving an Inheritance from Overseas (As an Australian Tax Resident) Starting point: - The inheritance itself is not taxable in...

Is your SMSF at risk while you're living abroad? Learn the critical rules regarding Central Management and Control, the 2-year temporary absence rule, and the Active Member test. We break down the tax implications of non-residency and provide strategic solutions like Enduring Powers of Attorney to keep your fund compliant.

The popularity of investing in cryptocurrencies has taken off over the last few years and whether you dabble in a little Bitcoin on the side or you’re a serious investor doing day trading of leveraged perpetual positions, there are likely tax consequences. The question is, do you know what those tax implications are? At the most simplistic level, as soon as you exchange Austr...

We’re Now an ATO-Approved DASP Intermediary

A common question we get from Australians with international ties is whether time spent overseas affects their ability to use carried-forward concessional contributions . The law is clear: residency or citizenship status is not relevant . What the Law Says Section 291-20(3) of the Income Tax Assessment Act 1997 confirms there are no residency or citizenship requirements  when ac...