Do Australian Expats Need to Complete a Tax Return?

by

Ed.

From atlaswealth.com: Australian expats generally need to lodge a tax return only if they have Australian-sourced income or outstanding HECS/HELP debts, and non-residents do not benefit from a tax-free threshold.

Misconceptions include the belief that non-residents do not need to report foreign income, and that negatively geared rental properties allow for losses to offset future taxable income.

Filed under: Tax - Individuals

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