Stephen Jones said the government is considering changes to the proposed 45-day rule. Tax advisers think it should be longer.
, with the Albanese government reviewing the number of days those living outside the country could visit Australia before being slugged income tax.in Singapore this week the new rules for deciding Australian tax residency were in “the government’s in-tray” ahead of the October budget, and the day limit was “being looked at”.
The changes have not been legislated, but have still spooked those living permanently overseas who regularly travel back to Australia for holidays or work. Expats living in countries that don’t have a double tax agreement with Australia, such as Hong Kong, could inadvertently find themselves liable for income tax in both the country where they live and Australia.
As the draft rules stand, the 45-day test does not distinguish between work or personal travel. If Martyn was required to attend Australia for work-related purposes, this would also reduce potential visits for the balance of the year.Singapore-based tax advisor Tristan Perry said “a large percentage” of Australian expats living in the city-state would have to rely on the Singapore-Australia double tax agreement at some point to ensure they did not accidentally trigger Australian tax residency.
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