Welcome to the one hundred and forty third episode of the #Expatchat podcasts where we discuss the latest tax and financial issues affecting an #Australianexpat.
In today’s Expat Chat we discuss what tips and tricks are available for Australian expats with the 2025 end of financial year rapidly approaching.
When you move overseas the idea of forgetting all about the dreaded 30th of June end of financial year deadline is appealing however if you still have some economic ties to Australia, whether that is property, shares or superannuation, you still need to consider your financial options as an expat.
In this episode we run through the following topics:
• Important end-of-financial-year considerations for Australian expats
• Importance of lodging tax returns on time to avoid penalties and interest charges
• The need to disclose HECS/HELP debts and explore different methods for doing so
• Tax deductions, particularly superannuation contributions, which must be made within the next 30 days to be eligible for the current financial year
• Rental property deductions, the difference between repairs and improvements
• Importance of correctly setting up withholding tax on bank accounts and dividends for non-residents
Links that we discussed in this episode include:
• Upcoming events - https://atlaswealth.com/events
• Facebook Group - Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum
• Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/
• Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/
If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below.
The Atlas Wealth Group is a specialist in providing tax, financial planning, asset management and mortgage services to every Australian #expat.
Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing essential financial services to the expatriate community.
The Atlas Wealth Group was born out of the demand from Australian expats who wanted a professional to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas.
To find out more about the Atlas Wealth Group and how we can help Australian expats please go to https://www.atlaswealth.com.
Make sure you connect with us on our respective social media channels:
Facebook: www.facebook.com/atlaswealthmgmt
LinkedIn: www.linkedin.com/company/atlas-wealth-group
Twitter: www.twitter.com/atlaswealthmgmt
Instagram: www.instagram.com/atlaswealthgroup