[AustCham Webinar] On the 16th of May, AustCham Korea hosted a webinar on Australian Tax reforms and Budget challenges. With the Australian Federal budget being handed down, be sure to check AustCham Korea’s special taxation webinar as we unpack the Australian tax reforms and current budget challenges.
This video features special guests, senior financial specialists Nathan Andrews (MA, CeMAP) and Geoff Taylor, MIntTax CTA MBA FCPA.
Topics:
* Short overview of the Australian economy, including inflation and interest rates.
* Strategies by Federal Treasurer Jim Chalmers to address sluggish growth and structural deficits.
* Detailed review of major tax changes starting July 2024.
A significant portion of the webinar will be dedicated to the Tax Ruling TR 2023 / 1 on tax residency for individuals, marking a pivotal update after 25 years. This ruling integrates insights from recent judicial decisions and is crucial for Australian expatriates, altering previous guidelines.
This webinar aims to assist participants in understanding essential aspects concerning their tax responsibilities while working in Asia and how to minimize future tax liabilities in Australia.
For more information, please contact Nathan Andrews at nathan.andrews@skyboundwealth.com.
To watch on YouTube: https://www.youtube.com/watch?v=mgkuzc6gOg8&t=69s