The following are potential issues when taxpayers relocate overseas:
- Capital Gains Tax may be triggered in relation to deemed disposal of worldwide income of investments
- HELP Debt – assessment in relation to calculation of HELP debt repayments
Please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.
We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.