CA (Chartered Accountant)/Tax Agent/会计 - 在线解答各类Tax/Accounting问题

rain_0

hi David

if i transfer my saving from other country to this country is that meant the goverment will check cos too big amount for purchase a house,? and will they charge me tax as well as income tax? how to avoid this kind of things happen?

by the way is there anyone here trading currency, future trading those things? how to see australian share market and future market?


thank you.

rain_0

我 问那个问题的原因当然是因为最好不要转帐，如果可以在这里赚钱这里花最好， 但是中间有什么与其他国家不同的规定我也不太清楚， 如果david 或其他的人知道请指教下阿。谢谢 david 和各位前辈了:)

vicki

这个david我电话接触过的， 人很热心， 可以说中文， 支持一下！

shuangchao

原帖由 rain_0 于 2009-5-19 11:11 发表
我 问那个问题的原因当然是因为最好不要转帐，如果可以在这里赚钱这里花最好， 但是中间有什么与其他国家不同的规定我也不太清楚， 如果david 或其他的人知道请指教下阿。谢谢 david 和各位前辈了:)

Money transfer won't necessarily trigger tax problems. if you transferring significant amounts into the country while you are here in Australia as an australian tax resident. The ATO may want to ask you questions about it, then it really depends on the nature of the money. If it is money you make before you became Australian resident, or parents gift to help you buy a property, then you are safe from the Australian tax. Many migrants face this problem, always Keep good records/written evidence of where the money originated(whether its foreign bank statement, withdrawl slip, TT), because you need to have documentations in place to support your claim in the event of review/audit.

Hot

rain_0

thanks a lot Daid!!!  祝你财源滚滚来  

shuangchao

I would like to brief explain the claimable home office expenses, hopeful it will help people understand this topic better.

- study room
where you maintain a room in your house and engage in income producing work, you can claim a reasonable amount of running costs.
e.g. teachers who do marking at home, office worker who brings work projects home to do further work on. running costs include: light and power, depreciation of equipment used for income producing work.
Occupany cost (e.g. rent, rates, house insurance) is not allowed.

- Place of business (but not for PSI)
where you carries part or all of your business at home.
e.g. music teacher conducts lesson from home
accountant with his private practice at home
computer consultant who works from home with his modem, fax and phone
in this case, running costs as well as occupancy costs can be claimed
(NOTE: holding an ABN does not entitle you to occupancy cost claims)

hwll

正需要退税帮助啊... 今年一家两口上了6万的税, 有什么办法能多退点呢? 据说有的投资项目都是在5,6月份推出的, 针对退税的, 是真的吗? 可信吗?

另:我们两人都是上班族, 也没有房产投资, 只novated lease了一辆车.  

期待LZ的指点.

LZ不能写中文吗, 看英文好费劲..

[ 本帖最后由 hwll 于 2009-5-29 22:05 编辑 ]

shuangchao

原帖由 hwll 于 2009-5-29 22:03 发表
正需要退税帮助啊... 今年一家两口上了6万的税, 有什么办法能多退点呢? 据说有的投资项目都是在5,6月份推出的, 针对退税的, 是真的吗? 可信吗?

另:我们两人都是上班族, 也没有房产投资, 只novated lease了一辆车 ...

投资项目? i think you are referring to the investment allowance, that is only applicable to business. not for employees.
There are tons of posts in relation to individual tax/deductions already, if you are after something specific, you can give me a call, tell me a abit more about yourself. i'll try my best to come up with a strategy that's suitable for your family.

hwll

多谢LZ!   我星期一给你电话, 周末就不打搅了... 看区号楼主在墨尔本啊..我在悉尼..
听朋友说的投资项目可以帮助退税的比如种树还有农业什么的, 不过对这个完全不懂, 还看到有帖子说买的种树的公司倒闭了, 听着很怕.

kkkkkkk

正好想请教报税的问题, 多谢LZ了.
我和老婆去年十月份来的, 都没有工作. 唯一的收入是银行利息, 估计有2万多, 都是在我老婆的名下, 不知道该怎么报税,  要报多少呢? 请LZ帮忙, 多谢了.

shuangchao

原帖由 六字 于 2009-5-29 22:44 发表
正好想请教报税的问题, 多谢LZ了.
我和老婆去年十月份来的, 都没有工作. 唯一的收入是银行利息, 估计有2万多, 都是在我老婆的名下, 不知道该怎么报税,  要报多少呢? 请LZ帮忙, 多谢了.

i think i have already answered this question in another post, has your wife given the bank her TFN?

you can lodge via e-tax, paper form or tax agent, since your case if quite simple, you may ask a friend who's familiar with individual returns to help out. (saves yourself abit of money), or give me a quick call if you are not sure, i'll try and help you out.
based on $20000, your wife is liable for about $2,100 in tax (tax resident), excluding any tax offsets, once we include the tax offsets if your wife is eligible (i need to know more about your circumstances), it is possible that you may have NIL tax to pay.

shuangchao

原帖由 shuangchao 于 2009-5-29 23:01 发表


i think i have already answered this question in another post, has your wife given the bank her TFN?

you can lodge via e-tax, paper form or tax agent, since your case if quite simple, you may a ...

if your wife has never given her TFN to the bank, in other words, tax has already being withheld on those interest. you will expect a tax refund if you are tax resident.

aunz2009

看LZ解答了这么多问题，真的是税务专家呀，我也有问题，还请LZ解答。多谢了。

如果让我老婆和孩子生活在澳，做为Tax resident,她在澳不工作，生活来源由亲人国外汇入，那她收的这部份款项要不要交税？我本人在中国，近几年不想成为澳州的tax resident，这样可行吗？

shuangchao

原帖由 aunz2009 于 2009-6-1 02:58 发表
看LZ解答了这么多问题，真的是税务专家呀，我也有问题，还请LZ解答。多谢了。

如果让我老婆和孩子生活在澳，做为Tax resident,她在澳不工作，生活来源由亲人国外汇入，那她收的这部份款项要不要交税？我本人在中国 ...

there is no set and fast rules to assess residency, the issue you have is, if you wife and children lives here in Australia, especially if they are living in a family house. then that may be enough to argue that you have necessary connections with Australia to deem you as a tax resident. Sometimes, your physical presence does not matter.
if your wife is a tax resident, gifts from relatives in china is not income to her.

aunz2009

谢谢David，关于我tax resident 的问题，也困挠了我很久。我在税务网站上看到一个例子，我是不是也可参照Gerhardt的例子，近几年避免成为Tax resident 呢？

http://www.ato.gov.au/individual ... =/content/36280.htm

aunz2009

还有个问题，在澳买房，以后卖或出租时，Tax resident 和 non-resident 是不是有很大的区别？

shuangchao

原帖由 aunz2009 于 2009-6-1 15:36 发表
谢谢David，关于我tax resident 的问题，也困挠了我很久。我在税务网站上看到一个例子，我是不是也可参照Gerhardt的例子，近几年避免成为Tax resident 呢？

http://www.ato.gov.au/individuals/content.asp?doc=/ ...

possibly, but i doubt you are exactly the same as Gerhardt. As i said before, it is assessed case by case, if your situation is not IDENTICAL to Gerhardt's, there is no guarantee that you can rely on that example. to be a non-resident, you must demonstrated that your domicile of choice is not necessaily in Australia. in other words, you must show even greater connections to another country in terms of employment, socials, family, friends etc etc

shuangchao

原帖由 aunz2009 于 2009-6-1 15:41 发表
还有个问题，在澳买房，以后卖或出租时，Tax resident 和 non-resident 是不是有很大的区别？

yes, tax rates & concessions are very different between resident & non-resident.

aunz2009

谢谢David,看来这问题还是挺复杂的，其实这问题也影响我们一家要不要去悉尼的决定，如果因为老婆孩子在澳州，而自己却可能惹上税务方面的麻烦，好像也不值得。请问David是不是在悉尼啊？

shuangchao

原帖由 aunz2009 于 2009-6-1 19:59 发表
谢谢David,看来这问题还是挺复杂的，其实这问题也影响我们一家要不要去悉尼的决定，如果因为老婆孩子在澳州，而自己却可能惹上税务方面的麻烦，好像也不值得。请问David是不是在悉尼啊？

no, i am in Melbourne, you may give me a call if you have further questions, i'll try my best to help you.

宁静而致远

Hi, David

I've got queries on Education Tax Refund.

I've bought a math & English computerised program which can be claimed as ETR according to the sales rep.  I have no doubt about it.  the problem is reps said we can claim it for next year if the amount is too much- That means the exceed amount of $3000.00 (ie bought for $6000.00 less the max claim of $3000.00 - two high school kids)can be rolled over for next year.

I've got tax invoice for the total of $6000.00, is that possible for me to claim ETR for two finacial year? there is option of paid in full or lease through finacial company by installment.  my undertanding is that if I paid in full then I can only claim it for this year regardless how much it is.  however if I choose via installment then probably I can claim it over the couple of year depends on how mnay years payment option I've choosen.

Do you have much idea how it works since it's the first year of practice?

Appreciated your help

shuangchao

原帖由 gordonpan 于 2009-6-1 21:09 发表
Hi, David

I've got queries on Education Tax Refund.

I've bought a math & English computerised program which can be claimed as ETR according to the sales rep.  I have no doubt about it.  the prob ...

Hi, first of all, i do not want to pretend to be an expert on ETR, as this is something that's new for 2008-09 financial year.
My understanding is if the expenses paid exceed your limit for the year, in this case, $3000 ($1500 for each eligible child in secondary school). excess can be claimed the next year (09-10), as long as you are still eligible. Therefore there is no need for instalment payment.

宁静而致远

原帖由 shuangchao 于 2009-6-1 21:51 发表


Hi, first of all, i do not want to pretend to be an expert on ETR, as this is something that's new for 2008-09 financial year.
My understanding is if the expenses paid exceed your limit for the y ...

Thanks, David.

Still want to clarify that the excess part can always be rolled over until it's gone, am I right? if I bought it for $8000.00 then I can claim it for three year based on current policy and persume I'm still eligible in three years time.

shuangchao

原帖由 gordonpan 于 2009-6-2 09:48 发表

Thanks, David.

Still want to clarify that the excess part can always be rolled over until it's gone, am I right? if I bought it for $8000.00 then I can claim it for three year based on current po ...

No, it is for the year it incurred and the following year, it does not go to later years

tjjimmycy

Hi David,

My fd do not have a job. The only income is his savings interest. The questions are as follows:

1 If his interest is less than 6K, does he need claim tax?
2 If his interest is more than 6K, how to claim tax for him?
3 When he receives the interest from bank, is this amount of interest after tax or  before tax?

Thx

shuangchao

原帖由 tjjimmycy 于 2009-6-2 11:13 发表
Hi David,

My fd do not have a job. The only income is his savings interest. The questions are as follows:

1 If his interest is less than 6K, does he need claim tax?
2 If his interest is more th ...

i am assuming that he's a tax resident
the answers to your questions all depend on whether he has given his tfn to the bank. if not, he should always lodge a return regardless of over or under 6k, because he could get the withholding tax back.
if he has given his tfn to the bank before start of the financial year, then no need to lodge a return if under 6k, he should still lodge a return not required form with the ATO.
He can lodge via e-tax, paper form or tax agent.

tjjimmycy

Thank you, buddy.  What you said is "he should still lodge a return not required form with the ATO".  I can not understand this sentence. Could you explain that?

shuangchao

原帖由 tjjimmycy 于 2009-6-2 15:44 发表
Thank you, buddy.  What you said is "he should still lodge a return not required form with the ATO".  I can not understand this sentence. Could you explain that?

if your friend does not need to lodge a tax return (e.g. interest income less than 6k, no tax was withheld), he should let the ATO know by lodging a non-lodgement advice form (it can be found on that ATO website)

aunz2009

谢谢David 希望到澳州后，还能得到你的专业指导。谢谢!