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Australian Expat Tax Residency Proposed Changes - Jarrad Brown - Australian Expat Financial Planner

Australian Expat Tax Residency Proposed Changes

by Global Financial Consultants

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_column_text]This article originally appeared at – https://singapore.feebasedfinancialadvice.com/australian-expat-tax-residency-proposed-changes/ I, like many other Australian expats still call Australia home, but should this mean that I have to pay tax there regardless of where I may live and work. If the proposed changes in Australia’s most recent Federal Budget are passed, then this may very well be the case. While the 2021 Budget was always going to be a ‘cash splash’ as is typical of most election Budgets, what many were not expecting was the proposed change to Australian tax residency, which could catch out the…

Australian Budget 2021 GFC Summary - Aussie Expat Edition - JARRAD BROWN - Australian Expat Financial Planner

Australian Budget 2021 – Aussie Expat Edition

by Global Financial Consultants

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_column_text]This article originally appeared at – https://singapore.feebasedfinancialadvice.com/australian-budget-2021-aussie-expat-edition/  There was little doubt that this year’s Australian Federal Budget would focus on securing Australia’s economic recovery as we enter a post-Covid world. The Budget was very much focused on creating jobs domestically, increasing business confidence and simplifying some of the measures when it comes to tax residency, which is great news for Australian expats. This week, I take a deep dive into the key announcements in the Australian Budget, and explore how they might impact you going forward. I have also outlined below some of…

5 Money Habits of the Financially Independent

5 Money Habits of the Financially Independent

by Global Financial Consultants

Many people dream of becoming a millionaire but it rarely happens overnight and often requires many years of building and maintaining healthy financial habits, along with making smart financial decisions.

Jarrad Brown - Dependant Pass Holders - GFC

Dependant pass holders to apply for work pass from 1 may 2021

by Global Financial Consultants

Expats who are currently on a Dependant Pass (DP) with a Letter of Consent to work in Singapore yesterday received some rather unwelcome news that is still being digested. As part of their measures to support local employment in Singapore given the effects of Covid-19, the Ministry of Manpower (MOM) has announced that as of 1 May 2021, those who are working in Singapore on a DP with a Letter of Consent would need to apply for a work pass, such as an S Pass or an Employment Pass (EP).

David Plumpton - Do I Need Financial Advice - GFC

Do i need financial advice?

by Global Financial Consultants

Some think that to need or benefit from the advice of a financial planner you need to be among the uber rich with complex portfolios and assets. The reality is, that everyone no matter how much money they have in the bank have goals for the future, or fundamental financial needs along their journey. I have outlined 10 points a financial advisor can help with that EVERYBODY needs to consider.

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