“In this world, nothing can be said to be certain, except death and taxes.” Benjamin Franklin (1706-90)
While we would love to offer tax advice, only a specialist can keep up with the constant changes and updates to taxes. If you are seriously thinking about working overseas make sure you find someone who is familiar with expat taxation so that you can manage your affairs wisely and make the most of your earnings whilst overseas.
Many countries offer reciprocal tax agreements so that you don’t have to pay tax twice. To do this you may have to declare yourself non-resident for taxation purposes. Many schools we work with also pay some or all of your local tax requirements.
We would like to share a valuable tax guide from BDO. This guide is intended for individuals leaving Australia for employment purposes. It aims to provide an overview of the main Australian tax considerations and issues that affect Australian employees working overseas and is current as at July 2020. Click here to download it for yourself.
If you are from New Zealand and are looking for some advice, click here.