Tax question - if only wife & kids move to Oz and husband continue working overseas..
Sep 2nd 2010, 11:33 am
#1
Forum Regular
Thread Starter
Joined: Jan 2007
Posts: 41
Tax question - if only wife & kids move to Oz and husband continue working overseas..
I've searched the forum and also tried to get information from the ATO website, but couldn't find an answer to this specific situation.
We have been granted a PR visa (off-shore). We have not validated the visa yet. My question is, what would be the tax implications if my husband was to remain working overseas in a tax-free country for a while, and just myself and the kids to move over to Australia initially to set up: would he be considered a "non-resident for tax purposes"? Would he be exempt from paying taxes on his income earned overseas, although myself and the kids will be residents in Australia?
If anybody has the answer to this, it would be great. Thanks!
We have been granted a PR visa (off-shore). We have not validated the visa yet. My question is, what would be the tax implications if my husband was to remain working overseas in a tax-free country for a while, and just myself and the kids to move over to Australia initially to set up: would he be considered a "non-resident for tax purposes"? Would he be exempt from paying taxes on his income earned overseas, although myself and the kids will be residents in Australia?
If anybody has the answer to this, it would be great. Thanks!
Sep 3rd 2010, 11:11 am
#2
Reg. Migration Agent
Joined: Jan 2009
Location: Melbourne, Australia
Posts: 319
Re: Tax question - if only wife & kids move to Oz and husband continue working overse
Try emailing Alan Collett of Go Matilda. He's a Chartered Accountant as well, and will be the best person to give you tax advice.
Sep 3rd 2010, 8:40 pm
#3
Victorian Evangelist
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Re: Tax question - if only wife & kids move to Oz and husband continue working overse
I've searched the forum and also tried to get information from the ATO website, but couldn't find an answer to this specific situation.
We have been granted a PR visa (off-shore). We have not validated the visa yet. My question is, what would be the tax implications if my husband was to remain working overseas in a tax-free country for a while, and just myself and the kids to move over to Australia initially to set up: would he be considered a "non-resident for tax purposes"? Would he be exempt from paying taxes on his income earned overseas, although myself and the kids will be residents in Australia?
If anybody has the answer to this, it would be great. Thanks!
We have been granted a PR visa (off-shore). We have not validated the visa yet. My question is, what would be the tax implications if my husband was to remain working overseas in a tax-free country for a while, and just myself and the kids to move over to Australia initially to set up: would he be considered a "non-resident for tax purposes"? Would he be exempt from paying taxes on his income earned overseas, although myself and the kids will be residents in Australia?
If anybody has the answer to this, it would be great. Thanks!
By the way, if your husband is the primary visa applicant, he will have to enter Australia before you do (you must be behind him in the immigration queue, even by one person!), although there is nothing to stop him having a brief holiday there and then leaving while you guys stay on. This wouldn't affect what I have said about tax above.
BB
Last edited by Buzzy--Bee; Sep 3rd 2010 at 8:42 pm.
Sep 3rd 2010, 9:49 pm
#4
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Tax question - if only wife & kids move to Oz and husband continue working overse
I've searched the forum and also tried to get information from the ATO website, but couldn't find an answer to this specific situation.
We have been granted a PR visa (off-shore). We have not validated the visa yet. My question is, what would be the tax implications if my husband was to remain working overseas in a tax-free country for a while, and just myself and the kids to move over to Australia initially to set up: would he be considered a "non-resident for tax purposes"? Would he be exempt from paying taxes on his income earned overseas, although myself and the kids will be residents in Australia?
If anybody has the answer to this, it would be great. Thanks!
We have been granted a PR visa (off-shore). We have not validated the visa yet. My question is, what would be the tax implications if my husband was to remain working overseas in a tax-free country for a while, and just myself and the kids to move over to Australia initially to set up: would he be considered a "non-resident for tax purposes"? Would he be exempt from paying taxes on his income earned overseas, although myself and the kids will be residents in Australia?
If anybody has the answer to this, it would be great. Thanks!
Sep 4th 2010, 11:04 am
#5
Forum Regular
Thread Starter
Joined: Jan 2007
Posts: 41
Re: Tax question - if only wife & kids move to Oz and husband continue working overse
Great, thanks for all your help!
