Aussie Expat Podcast

G'day, expats. Last week we spoke about the complexities of determining whether you classify as a resident or non-resident for tax purposes. In this week's video, we wanted to run through how the applicable tax rates apply to those expats who qualify as a non-resident. First of all, let's look at the types of income that you have to declare on your Australian tax return when you're classified as a non-resident. They are Australian employment income, Australian rental income, Australian pensions and annuities, and capital gains that you may have accrued on Australian real property. This excludes shares and managed funds. You may also need to start lodging your tax return due to the newly implemented changes with respect to the HECS, HELP and TSL Debt regime that expats have to fall under. Now that we know what income you have to declare, how do the tax rates differ from a resident versus a non-resident? The first major difference is that non-residents are not eligible for the tax-free threshold. When you're a