Foreign residency tax adherence under the spotlight

In this episode of Accountants Daily Insider, HLB Mann Judd partner Peter Bembrick joins host Katarina Taurian to unpack why, in the lead up to the election, a focus is being placed on foreign residency tax law. Peter will explain the benefits of being a non-resident for tax purposes, yet also reflect on the traps that people can fall into as a result. He will explain what can trigger a "red flag" and raise ATO scrutiny for your clients, and discuss your responsibility to those who may be "playing with fire". Peter will also reveal the areas where people tend to make mistakes and the implications that these mistakes can have for anyone who has an investment property in Australia or other non-property-based investments.

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