Claiming Migration Costs Back from the TAX Office
Jun 5th 2002, 4:20 am
#1
Guest
Posts: n/a
Claiming Migration Costs Back from the TAX Office
Hi All
I'm currently on a 457 visa (just renewed for another 4 years) based in Sydney
Australia. I currently going through getting my PR visa.
I've been told by a few people I could claim my costs back from my Tax submission.
They tell me I can claim it back because it's a expense related to my employment.
They say with out the visa I couldn't work and therefore can off-set the cost
against my tax.
Has anybody heard of this or knows if this is true? I could ask the Tax Office or
wait until I submit my 2002 tax return.
Thanks
Kieron Shorrock
I'm currently on a 457 visa (just renewed for another 4 years) based in Sydney
Australia. I currently going through getting my PR visa.
I've been told by a few people I could claim my costs back from my Tax submission.
They tell me I can claim it back because it's a expense related to my employment.
They say with out the visa I couldn't work and therefore can off-set the cost
against my tax.
Has anybody heard of this or knows if this is true? I could ask the Tax Office or
wait until I submit my 2002 tax return.
Thanks
Kieron Shorrock
Jun 5th 2002, 12:20 pm
#2
Guest
Posts: n/a
Re: Claiming Migration Costs Back from the TAX Office
Hi Kieron,
If you are the holder of an employer nominated 457 your employer can certainly claim
the expense of sponsoring you, however afaik costs involved in obtaining your own
visa, even if employment related, are not tax deductible. The answer in a case like
this is to get a tax accountant to sort it out for you. As a 457 holder you should be
asking about your living away from home allowance when you talk to the accountant.
Cheers
George Lombard
www.austimmigration.com.au Kieron Shorrock wrote in message ...
>Hi All
>
>I'm currently on a 457 visa (just renewed for another 4 years) based in Sydney
>Australia. I currently going through getting my PR visa.
>
>I've been told by a few people I could claim my costs back from my Tax submission.
>They tell me I can claim it back because it's a expense
related
>to my employment. They say with out the visa I couldn't work and therefore can
>off-set the cost against my tax.
>
>Has anybody heard of this or knows if this is true? I could ask the Tax Office or
>wait until I submit my 2002 tax return.
>
>Thanks
>
>Kieron Shorrock
If you are the holder of an employer nominated 457 your employer can certainly claim
the expense of sponsoring you, however afaik costs involved in obtaining your own
visa, even if employment related, are not tax deductible. The answer in a case like
this is to get a tax accountant to sort it out for you. As a 457 holder you should be
asking about your living away from home allowance when you talk to the accountant.
Cheers
George Lombard
www.austimmigration.com.au Kieron Shorrock wrote in message ...
>Hi All
>
>I'm currently on a 457 visa (just renewed for another 4 years) based in Sydney
>Australia. I currently going through getting my PR visa.
>
>I've been told by a few people I could claim my costs back from my Tax submission.
>They tell me I can claim it back because it's a expense
related
>to my employment. They say with out the visa I couldn't work and therefore can
>off-set the cost against my tax.
>
>Has anybody heard of this or knows if this is true? I could ask the Tax Office or
>wait until I submit my 2002 tax return.
>
>Thanks
>
>Kieron Shorrock
Jun 6th 2002, 8:35 am
#3
Just Joined
Joined: May 2002
Location: Sydney
Posts: 18
Re: Claiming Migration Costs Back from the TAX Office
George, on 457 employer-sponsered, but when we asked an accountant about the LAFHA we were told it's organised by the employer! Our UK employer knows nothing about this allowance, nor Oz tax, so we havent taken it further (can we do it ourselves?).
Jun 6th 2002, 10:58 am
#4
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Claiming Migration Costs Back from the TAX Office
Hi there Wish.
The LAFHA is indeed arranged/made available by the employer as a result of discussions over the salary package.
In other words it doesn't take the form of an allowable deduction that you claim when computing the assessable income on your Aussie Tax Return.
So you need to establish with your Australian employer that he/she is willing to package your salary so that part represents LAFHA.
I would also agree with George in that I doubt the costs relating to obtaining the 457-visa are deductible - have a search on the ATO site for more info:
http://www.ato.gov.au
Does this help?
Alan Collett
alan-at-gomatilda-dot-co-dot-uk
Registered Migration Agent Number 0102534
and a Fellow of the Institute of Chartered Accountants in England and Wales
http://www.gomatilda.co.uk, and
http://www.collettandco.co.uk
The LAFHA is indeed arranged/made available by the employer as a result of discussions over the salary package.
In other words it doesn't take the form of an allowable deduction that you claim when computing the assessable income on your Aussie Tax Return.
So you need to establish with your Australian employer that he/she is willing to package your salary so that part represents LAFHA.
I would also agree with George in that I doubt the costs relating to obtaining the 457-visa are deductible - have a search on the ATO site for more info:
http://www.ato.gov.au
Does this help?
Alan Collett
alan-at-gomatilda-dot-co-dot-uk
Registered Migration Agent Number 0102534
and a Fellow of the Institute of Chartered Accountants in England and Wales
http://www.gomatilda.co.uk, and
http://www.collettandco.co.uk
Originally posted by WishUponAStar
George, on 457 employer-sponsered, but when we asked an accountant about the LAFHA we were told it's organised by the employer! Our UK employer knows nothing about this allowance, nor Oz tax, so we havent taken it further (can we do it ourselves?).
George, on 457 employer-sponsered, but when we asked an accountant about the LAFHA we were told it's organised by the employer! Our UK employer knows nothing about this allowance, nor Oz tax, so we havent taken it further (can we do it ourselves?).
Jun 17th 2002, 3:30 pm
#5
Guest
Posts: n/a
Re: Claiming Migration Costs Back from the TAX Office
Hi All
Thanks for the infor. I have claimed my 457 visa costs back via my last tax return.
Regarding LAFHA, the company I now work for do not do this. Because I travel a lot
and they pay LAFHA as a per diam when I'm away from Sydney.
I will ask my accountant when I submit my next tax return.
Thanks
Kieron "Alan Collett" <[email protected]> wrote in message
news:[email protected]...
> WishUponAStar wrote:
> > George, on 457 employer-sponsered, but when we asked an accountant
about
> > the LAFHA we were told it's organised by the employer! Our UK employer knows
> > nothing about this allowance, nor Oz tax, so we havent taken it further (can we
> > do it ourselves?).
>
> Hi there Wish.
>
> The LAFHA is indeed arranged/made available by the employer as a result of
> discussions over the salary package.
>
> In other words it doesn't take the form of an allowable deduction that you claim
> when computing the assessable income on your Aussie Tax Return.
>
> So you need to establish with your Australian employer that he/she is willing to
> package your salary so that part represents LAFHA.
>
> I would also agree with George in that I doubt the costs relating to obtaining the
> 457-visa are deductible - have a search on the ATO site for more info:
> http://www.ato.gov.au
>
> Does this help?
>
>
>
>
> Alan Collett alan-at-gomatilda-dot-co-dot-uk Registered Migration Agent Number
> 0102534 and a Fellow of the Institute of Chartered Accountants in England and Wales
> http://www.gomatilda.co.uk, and http://www.collettandco.co.uk
>
>
>
>
> --
> Alan Collett
>
> Posted via http://britishexpats.com
Thanks for the infor. I have claimed my 457 visa costs back via my last tax return.
Regarding LAFHA, the company I now work for do not do this. Because I travel a lot
and they pay LAFHA as a per diam when I'm away from Sydney.
I will ask my accountant when I submit my next tax return.
Thanks
Kieron "Alan Collett" <[email protected]> wrote in message
news:[email protected]...
> WishUponAStar wrote:
> > George, on 457 employer-sponsered, but when we asked an accountant
about
> > the LAFHA we were told it's organised by the employer! Our UK employer knows
> > nothing about this allowance, nor Oz tax, so we havent taken it further (can we
> > do it ourselves?).
>
> Hi there Wish.
>
> The LAFHA is indeed arranged/made available by the employer as a result of
> discussions over the salary package.
>
> In other words it doesn't take the form of an allowable deduction that you claim
> when computing the assessable income on your Aussie Tax Return.
>
> So you need to establish with your Australian employer that he/she is willing to
> package your salary so that part represents LAFHA.
>
> I would also agree with George in that I doubt the costs relating to obtaining the
> 457-visa are deductible - have a search on the ATO site for more info:
> http://www.ato.gov.au
>
> Does this help?
>
>
>
>
> Alan Collett alan-at-gomatilda-dot-co-dot-uk Registered Migration Agent Number
> 0102534 and a Fellow of the Institute of Chartered Accountants in England and Wales
> http://www.gomatilda.co.uk, and http://www.collettandco.co.uk
>
>
>
>
> --
> Alan Collett
>
> Posted via http://britishexpats.com
