Ask people what their biggest asset is, and most will name their home, or perhaps their superannuation or investment portfolio. But this mistake could cost people dearly.
Many Australians dream about living and working overseas. Before packing your bags, we recommend you think about what steps need to be taken to ensure you don’t end up with a big tax bill on your return home. This article explores CGT, tax residency, investments, superannuation and other considerations for Australians preparing to work overseas.
The Bottom Line aims to keep you in the loop with all the latest accounting and financial reporting developments, and the potential impact they may have on your business.
Kim is the principal of HLB Mann Judd Insolvency WA. Since being in public practice, Kim has specialised in insolvency and reconstruction involving all types of personal and corporate administrations. With over 30 years experience, Kim has worked across a wide range of industries. In many cases, by necessity, Kim has undertaken the tasks of management and restructuring while the company is still trading.
Melinda has significant experience in a number of specialist areas including the tax and compliance obligations of SMSFs. She also takes special interest in educating fund members on the effects of recent legislative changes and how best to structure their SMSFs.
Bill has considerable experience working with medium sized enterprises including locally owned business and Australian subsidiaries of foreign business. With a high level of expertise in the legal, entertainment, healthcare, freight forwarding and air transport sectors, Bill has built a strong reputation for developing a thorough understanding of his clients’ businesses and the circumstances that are most particular to those businesses.
Brian specialises in insolvency and reconstruction involving all types of administrations. His experience spans most industries. Based in the WA Insolvency firm, Brian is a past chairman of the Western Australian Division of the Insolvency Practitioners Association of Australia. He was also the inaugural national chairman of CPA Australia's Centre of Excellence on Insolvency and Reconstruction.
Joelle has more than 20 years experience consulting to a wide range of private and family owned businesses on various corporate matters including business and taxation advice, business valuation and succession planning. She also has significant experience working with not-for-profit organisations. Based in the Melbourne firm, Joelle currently sits on the Board of Ardoch Youth Foundation and is also Chair of the Audit and Risk Committee.
Annette is head of the Adelaide firm’s Business Services division. She has a strong background in family business, which ideally positions her to help the significant family business sector in South Australia. Annette is an Accredited Advisor of Family Business Australia.
Despite a relatively slow start to the year for IPOs, new listings have performed well in terms of share price with good subscription levels for the six months of 2019, according to the IPO Watch Australia Mid-Year Report.
The 2019 IPO Watch Mid-Year Report wraps up the first six months of 2019. It provides commentary and analysis of the Australian IPO market.
Welcome to the 2019 Sydney Metropolitan Golf Survey. The information in this report is taken from our sample of the 92 courses in the area.
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