AIMS AU

Navigating Overdue Tax Returns for Non-Residents: A Guide to ATO Compliance

Current as of November 2025 Living and working overseas often leads to a “set and forget” mentality regarding Australian financial affairs. However, for Australian expatriates and foreign investors, the Australian Taxation Office (ATO) maintains a rigorous compliance regime. Failing to lodge tax returns on time can result in escalating financial penalties, compounding interest, and significant … Continue Reading

Australia’s New Tax Reality: Strict Professional Compliance Meets Proposed Residency Reforms

At a Glance New Professional Standards: Strict new laws for tax agents (TPB Determination 2024) are now fully operative, requiring agents to report false statements and disclose historical sanctions. Residency Rules: Proposed “Bright Line” residency tests are not yet law. The earliest likely start date is 1 July 2026. Superannuation Win: The controversial tax on … Continue Reading