Webinar: Australian Government’s Changes to Expat Tax Residency Rules

Following the Australian Budget announcements in May 2021, the Federal Treasurer announced that Australia’s tax residency rules for individuals would change as early as 1 July 2022. The proposed changes are arguably the most significant changes to the residence rules since the tax act was first enacted in 1936.

AusCham was delighted to host a webinar explaining the proposed rules and how they are likely to apply to expats living and working in Switzerland, as well as answering questions based on two key scenarios:

Going home…

• what do I need to do to organise my finances and tax position prior to returning permanently to Australia?
• what strategies do I need to consider if I want to retire in Australia?
• should I top up my superannuation?
• should I sell / retain property assets?
• what are the tax implications of repatriating funds from overseas?

Remaining abroad…

• what strategies can I adopt to optimise my personal wealth whilst remaining and potentially retiring to Switzerland?
• can I access my Australian superannuation if I retire in Switzerland?
• what is the most tax effective way to fund retirement in Switzerland?

We were delighted to partner with Majenda, an AusCham corporate member, in presenting this event. Our speakers were:

• Geoff Taylor, Managing Director @Majenda Australia Pty Ltd
• Ryan Donaldson, Chartered MCSI, Regional Manager & Senior Financial Planner @Skybound Wealth Management

The event was complimentary for members of Australian Swiss Chamber of Commerce, SwissCham Australia and ABIE group. Non members CHF 20.

Please contact us at AusCham for details on how to access the recording.