Australian Property Tax All Foreign residents buying or investing in Australian real estate are required submit a yearly "tax return". (None of your overseas based income is generally taxable in Australia) You may need to get a TAX FILE NUMBER too.
Once you have acquired an investment property, you must register with the Australian Taxation Office and obtain a tax file number.
At the Citylife Property Group, we highly recommend you use the services of a tax professional, to lodge the annual returns for you, and most importantly of all, to claim all your relevant "tax benefits": so as to pay as little tax as is legally possible on your Australian real estate investments. We recommend SHUM LIANG AND ASSOCIATES FOR THIS PURPOSE, the property tax experts. Excellent at getting ALL your deductions, and very reasonable fees! They are located at Suite 718, 7 floor, Sussex Centre, 401 Sussex Street, Sydney NSW 2000, AUSTRALIA. TEL 612 9281 1880 FAX 612 9281 7887 If you fill in your details below, and press send,this form will automatically be sent to a tax expert at Shum Liang Associates, who will reply directly to you. Remember, Australian tax is FEDERAL, which means it doesnt matter where your property is located, Brisbane, Sydney, Perth, Canberra, Melbourne etc Shum Liang can handle all aspects relating to the tax returns. |
