In this episode of Money Side Up, we dive into the complex world of expat tax planning with Bradley Murphy, a seasoned Australian tax expert. With over 15 years of experience across Australia, London, and the US, Brad brings invaluable insights into the intricacies of tax residency, tax obligations for Australian expats, and the potential impact of proposed tax changes.

Brad and our hosts, Jarrad Brown and Joel Kerin, discuss key topics including:

The basics of tax residency and its implications for expats.
Differences between being a tax resident and a non-tax resident of Australia.
Common misconceptions and mistakes expats make regarding tax residency.
The proposed 45-day rule and its potential impact on Australian expats.
Important steps and documentation needed to exit the Australian tax system.
The interplay between tax planning and broader financial planning for expats.

Whether you’re an Australian living abroad or considering a move, this episode provides essential information to help you navigate your tax obligations and make informed financial decisions. Don’t miss Brad’s expert insights on avoiding common pitfalls and maximising your expat experience.

General Information Only: The information on this podcast & video is of a general nature only. It does not take into account your individual financial situation, objectives or needs. You should consider your own financial position and requirements before making a decision.

*Please note that none of the content shared here should be taken as personal advice. You should consult your tax agent and financial adviser to review your current personal finances and financial goals to consider whether this strategy is appropriate for you.