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27-08-2009, 09:10am
Folks
For your info and circulation to Aussie colleagues.
Please read the attachment...
Point 4 suggests the changes will have no impact on long term expats unless you have a spouse living in Oz with a residence, etc. For those on a short gig overseas, or a family back home, it would appear there is no longer going to be a tax benefit to the assignment (unless you have agreed on a net rate in a high tax rate country, or are in a tax equalization scheme).
Add this to the strong AUD, and going overseas has never looked so unattractive!
Thanks Kevin07 ...
For your info and circulation to Aussie colleagues.
Please read the attachment...
Point 4 suggests the changes will have no impact on long term expats unless you have a spouse living in Oz with a residence, etc. For those on a short gig overseas, or a family back home, it would appear there is no longer going to be a tax benefit to the assignment (unless you have agreed on a net rate in a high tax rate country, or are in a tax equalization scheme).
Add this to the strong AUD, and going overseas has never looked so unattractive!
Thanks Kevin07 ...