This is a remote seminar held via the Webinar.net platform, recording will be made available for up to 12 months, please follow the prompts in your login details email.
Residency needs to be checked every year. You cannot just rely on rolling forward from PY. Our clients and their families are very global now. They are now working abroad again and coming back to Australia!
There is much confusion on exactly how the tests work. If you accept a client’s residency based on “183 days”, then you need this refresher on residency. Previously benefits of resident / non-resident as now blurred with the changes to MRE and CGT discounting – so getting it right is paramount and not straightforward. The ATO have updated previous guidance from 1998 to accomodate new case law in TR 2022/D2. Furthermore, the existing tests are being reviewed and updated to provide more certainty of application.
- Current residency tests
- Resident/non-resident/ temporary resident / working holiday maker
- New TR 2022/D2
- Future new residency tests pending based on BoT view
- Impacts on being a non-resident
Benefits and Learning Outcomes:
This session will cover all aspects of residency for individuals, future challenges and the planning points
Meet Your Speaker, Lisa Greig:
Lisa has more than a decade of experience in tax consulting and is a true tax generalist. She has worked for a “big four” firm in a variety of tax roles including the tax business school. She also has senior tax consulting experience with mid-tier and suburban firms. She has a passion for tax policy and has participated in many TPB, ATO and IGT consultative forums. Lisa also contributes back to the profession through mentoring and education. She presents F2F training, discussion groups, and webinars providing practical solutions for practitioners in the SME space. She has a Master’s in Adult Education and facilitates sessions for the CAANZ and Institute of Public Accountants.