Brett Evans

speaker
1,123 appearances 5 recordings 3 series first heard Mar 2018 last heard 9 Jun

Brett Evans’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 2.

Appearances

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It's against the spirit of the, yeah, okay, get that for now.
But we highly recommend it.
You know, it's not a precursor to being deemed as tax resident.
It is an expat myth, usually purported by foreign advisors trying to get you to save into a 10-year olive man bond that charges 7% interest, sorry, 7% in fees.
No.
So if you have… What's that change?
If you have property…
So obviously as a non-resident, you don't have any Australian sourced income.
If you have property though, which is positively geared, Australian non-residents get taxed at 30% on the first dollar.
So let's say you own a property.
earning $20,000 a year, you'll pay 30% tax on that $20,000.
Or you can grab that 20 and chuck it straight into super as a concessional contribution, reduces your assessable income down to zero.
You pay zero income tax and you pay 15% contributions tax.
So you've now contributed to super and you cut your tax rate in half.
They would never do a concessional.
Well, you can, but you've got nothing to offset against, so you've just got to pay 15% contributions tax.
Yes, yes.
And we see a lot of folks doing that, unfortunately.
They make the wrong election contribution into super and they come to us, we do a statement of advice and we go, why have you been making concessional contributions for the last five years?
You don't have any Australian income.
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