Australia is a great place to live if you never want to get ahead or own anything. Just be able lower your standard of living and the welfare system can provide for your needs. If the ATO wasn’t a government organization they would be a criminal enterprise. If you work and try to accumulate anything you are taxed on your tax eg..GST, goods and services tax on top of income tax on top of luxury tax on top of petrol business tax. Not to mention every place you want to go has a tolls that all link up and have per kilometer rates. It’s the equivalent to a modern day slavery.

@bozmorley5353

18 күн бұрын

What a heap of selfish crap. Stay in USA land of the free and homeless.

@anthonybezzina2638

7 күн бұрын

after growing up in the 70s in Sydney it was the best country in the world but now it's a joke how bad is it? we make nothing tax everyone and everything multiple times and wonder why things are going bad.

I remember an acquaintance saying to me in the 1970s, do you realise that we are living in the best times now, quality of life is all going down from here onwards, that has proven to be true. Australia the lucky country, yes for the uber rich and those well off with multiple investment properties, not so lucky for the rest of us, and in the last few years the situation is getting much worse, at this rate I just wonder how bad is it going to get! 😞

I'm an Aussie married a Dutchie , lived in the Netherlands for 9 years came back for 3 years 2019 -2022 WTF !!! happened to my beautiful Australia. Every second guy and girl is called Karen rules rules rules debt debt debt.

@farzinfrank2553

Ай бұрын

No, every 9 out of 10 is called sanjit, ramjit, rohan, kim, wong and chong;) even the abduls and omars are in monrity:)

I'm Australian, been in business 40 years, you are 100% correct about living under a cloud of giant, intrusive bureaucratic henchmen. We have so much compliance at every level of government.

As an Australian the way I see things is that we are as a Country being fleeced at an alarming rate, the Corporate world pays very little to no tax while the wage earner along with Small Business carries our Country on our backs. This leads to resentment in the general community, along with constant division from very poor Governance. We are being controlled from Brussels

@bozmorley5353

18 күн бұрын

Brussels??????

@Techtuyi

3 күн бұрын

The Australia First institute revealed that she'll, Exon and chevron exploit gas for free pay no government taxes or royalties then sell it overseas and back to us at inflatable prices!

I was refused an exemption to leave Australian back to the UK to see my mother who was riddled with cancer, in hospital and in her last moments on this planet. Luckily they opened the borders shortly after my refusal. Luckily I got to see her for two weeks before she died. From that point on I decided I cannot stay in this type of country with a mind set like 1940s Germany, so I have since relocated back to the UK-London where I wake up each day with a big smile of my face knowing I escaped! I also actually of thinking of denouncing my Australian citizenship because of mine and other peoples experiences. New migrants beware, Australia is sold a paradise, but under the surface it’s the opposite. I also find it funny how the Australian government is so critical of China and the policies they impose, when they are doing the exact same things to there own citizens.

@farzinfrank2553

Ай бұрын

They are much worse than china, or any where else in the world. This is a worse place on the world to live.

Clive James, the late Australian humorist long-resident-in-the-UK, famously said " ‘The problem with Australians is not that so many of them are descended from convicts but that so many are descended from prison officers.’

@ashthegreat1

Жыл бұрын

This. Though i always misattributed the quote to Michael Palin

@user-ds8zk7lt7f

Жыл бұрын

I totally agree with you as an ex prison officer lol

@peterkelly6146

Жыл бұрын

@@redhammer9910 To be precise they were navy marines

@ccsworldaustralia4332

Жыл бұрын

And look at us now, doing amazing and loving it here.

@UFOhunter4711

Жыл бұрын

The real problem is too many anglos

After the pandemic I have never wanted to leave this place more. The worst part is most people here are complacent

@nunyabizzness6468

Жыл бұрын

dont get me started, i used to be proud to call myself an aussie but now im disgusted and still cant believe how many sheep there are that blindly follow outrages bullshit claims and "facts"

@erniesulovic4734

Жыл бұрын

I am moving to Europe (non EU country) to be with my future Mrs. I am going to get married there, start up a Company and apply for residency asap. Hell if this shithole of a country is going to get any money I make overseas, especially once I leave this dump of a place. They can go get knackered.

@Aaronaku

Жыл бұрын

i know man, i fucking hate this country so much, i wanna leave so badly, its a fucking shit hole, i feel so imprisoned here, it just got worse with the covid scam

@andrewkaiser4660

Жыл бұрын

I hear ya mate. Our hospitals are a joke and actually killing people more than saving them. I’m so pissed off

@seedy-TV

Жыл бұрын

True that 👍

I hate this place, Australia is only a land of opportunity for a very exclusive and select few, our unemployment and poverty statistics are not correct.

@truth-Hurts375

3 ай бұрын

Bullshit !!! You are a lazy cant but at the same time you want to live the high life !!! You think people get rich by sitting on their asses smoking dope the whole day....

Billionaire kerry packer said to the A.T.O, " i will pay more tax if you stop wasting tax payers money on bad decisions".

As an Australian citizen, i can confirm that the government doesn’t give two sh*ts about you or your circumstance, just as long as they can make money then they don’t care what happens to you.

@bfnew4440

Жыл бұрын

Medicare and centrelink benefits would beg to differ

@Kdoesleezy

Жыл бұрын

@@bfnew4440exactly

@Ligma_butt

Жыл бұрын

@@bfnew4440 not in my case, I’ve been homeless for 8 months now living off the land, all because they won’t help me out with jobseeker when I need it. 10 years of continuous work, paying taxes and this is what I get when I struggle, just a soccer mum at a desk telling me I’m ineligible for support.

@mblenefjerne9652

Жыл бұрын

@@Ligma_butt sorry to hear that. Things wouldn't exactly be better elsewhere though, especially not in the countries that the guy in the video is commending for their tax regulations. It's obviously bad that the system isn't working for you and your situation is unfortunately really common globally, moreso than in Australia. There are only a handful of little rich European countries that are better about social safety netting than Australia, and they also have tight and staunch tax regulations. It comes with the territory and no system will be perfect

@gimnyipesni

Жыл бұрын

@@bfnew4440 I get piss all from either of them

We're leaving after 30 years. Another 10 years from now we'll be just like dystopia Canada.

@Hangover-ry9bo

2 ай бұрын

Yep, my 20 years are up in November, got togo and leave this place behind. Never thought that even Aussies born here start making plans

@HP66856

2 ай бұрын

8 months after you wrote this, I’m reading this due to wanting to leave. Never thought I’d say that about the country I love, but it’s becoming unliveable.

@Polhopper

Ай бұрын

Australia is worse than Canada

@realsatoshihashimoto

Ай бұрын

Already is

As an Australian, I’m shocked how many aussies are here defending the ATO in these comments. Crazy, really enforces that nanny state mentality you were talking about. Think I’ll take your advice on going to Thailand. All my income now is from dividends and capital gains, so if Im understanding correctly, Thailand wouldn’t touch that income as long as it’s not remitted, and the ATO should also leave me alone

@ian7033-qj9wg

10 ай бұрын

Hey. go live in a 3rd world shithole. They got cheap beer and prostitution though.

@chrisk7118

9 ай бұрын

@@ian7033-qj9wgAustralia is the shithole

@confucius247

9 ай бұрын

Been in Thailand for 8 years, no tax from fully franked dividends as the tax is already taken out by the company paying you the dividend. Any money you have in you bank is taxed at 10% on the interest you earn, e.g. $1,000 - $100 and the bank takes that out, providing you tell them your going overseas and will become a foreign or non resident. Watch out for the new laws coming out (nothing concrete yet), but I heard that you would have to be out of the country for 3 years to be considered a non resident for tax purposes and in country for 45 days to be a resident for tax purposes, more than likely if it does come into effect, it will be around 1 July 2024. Edit: Also no Capital Gains Tax on the sale of shares. But don't hold property whatever you do.

@AusValue

9 ай бұрын

@@confucius247 Good Tips, sounds like you are spot on. I dont own a home in Australia. I've amended my plan, likely wont go to Thailand due to the hazy foreign tax laws. Non Dom Uk Taxation would likely be better, and Australians under 35 are eligible for a 3 year youth mobility visa. Seems like a good path to take, ill make sure im out before the start of the next tax year

@sebastiansupel2310

2 ай бұрын

Australians are the quintessential product of the stamford prison experiment 2.0 / stockholm syndrome with tall poppy syndrome due to inheriting island bubble mentality! They love to shoot anyone wanting to better their lives or who are on a trajectory to success.

Only country in the world I'm aware of that back dated tax laws to screw over there own citizens.

Our quality of life is quickly going down the toilet. Cost of living and housing are through the roof. Homelessness in the full time employed and working families is rampant and rising.

@Ful-OGold

2 ай бұрын

It’s farked! I have a few friends who are homeless, work full time were good tenants living in the same house for years then owner decided to sell up, left them high and dry, can’t find a rental so forced to move in with friends. I mean yeah technically not homeless in the sense of not living under a bridge but when you are living in one room full of your unopened boxes and no shed or yard space to do what you need to do for work is hardly having a home. Also iv seen doctors living permanently in caravans in parks because there’s no suitable housing. The world has gone mad. They taught us in school if you work hard enough you can get whatever you want, but the harder you work the more they tax you. Better off being poor and getting hand outs.

Australia has been a very heavy handed and heavily taxed draconian country for a very long time.

@bwood1234qwert

Жыл бұрын

Haha we are taxed very slightly more than the US. But we have the benefit of not dying because w can't afford healthcare and no-one gets shot

@knolez1546

Жыл бұрын

Perhaps it's original purpose? Did our ancestors get scammed? Yes I think so

@jimmyj2563

Жыл бұрын

Can’t agree with that.

@cathybaldry7822

Жыл бұрын

You should try Canada if you think Australia is tough on its border security and immigration rules.

@ant208

Жыл бұрын

Yet the people here keep voting for more rules. The government is the product of the people. Australia is ruled by Karen's

I'm a born & bred Australian & had the chance to stay in the UK when I was young, I am so sorry I didn't take the opportunity. For a long time now the really rich Chinese have been putting our housing prices through the roof for years & getting away with huge tax advoidence. Australia is extremely racist towards the UK & European nationalities that got this nation off the ground. Asians, Africans & Arabs can walk through our door but if your European or from the UK it's expensive too vertically impossible. So is the Australian government racist towards the white European offspring of our founding fathers yes. Our government is also trying to change our constitution without telling us how & what changes will be made. They are doing what Canada is doing & trying to take away a lot of our rights to information on social media & mainstream news so we will be limited to what we can view. Anything classed as misinformation will be removed & banned, the only ones exempt from these new laws will be of course the state & federal governments they can of course dish out anything whether it's true or not. Australia & Canada were the two twin nations in the world that were considered the best to live in. People used to dream of being born into these two cultures. Unfortunately we have stood back for too long & just letting them take our rights, we don't even celebrate Christmas like we used to in case we offend another religion even though it is them coming to our culture & not the opposite way around. Our ancestors fort & died for our freedom now we are left wondering why. Every piece of land with any value is being handed back to the aboriginals that just leave it to sit & rot or lease it back to us for ridiculous amounts of money. They continue to blame past history for their on going problems & will take no responsibility for their own lives & mistakes. Apparently putting money in their pockets that they spend on drink will fix their drinking problems & when we give them free or cheap housing & destroy it we should fix it, the whites have the the same problems but apparently we only have ourselves to blame & ourselves to fix it Yes what a great place Australia was once but no longer. But take note people Australia & Canada are trial nations for the introduction of the world Government so don't run to far because other nations are closely following behind. You see, if you don't know where to look you only see the faults in other nations while your governments are busy hiding your faults from you.🇦🇺🐨😢😡

@creuzm

11 ай бұрын

🔥🔥🔥🔥

@teddyblue6892

11 ай бұрын

So well said, NZ going there faster 😢

@whitegum56

10 ай бұрын

Thank you for your imput here I have thought about this for a while now myself, well said.

@marcusbarnes5929

10 ай бұрын

💯 % on point 👍 have you seen the map of Australia that shows land owned by China... it's not good.

@fairnessme5060

10 ай бұрын

Listening voice of indigenous! Not 1770!

Problems? Where to live in the world that you will feel at home. Wherever you go, you take yourself and the way you think. As a man thinks in his heart, so is he! You are not your past, nor anyone else's. If you misidentify with beliefs and concepts, they will keep you bound. Freedom and so-called happiness are not something that you seek, they are what you already are. Conditioning by the systems of the world is what entrap you. Know Self, forget about every-thing else. Peace.

I love Australia but sadly this place is changing for the worse.

I was born here and I want to get out coz of dan andrews. The government here is in your face in every single aspect of your life. It's mental

@H3XGroup

Жыл бұрын

I’m in Melbourne Victoria Australia too. Dan Andrews has destroyed our city and I’m looking at alternatives. We have literally gone from being the best place to live to one of the worst in the western world and it’s getting worse!!!

@danielhayton1

Жыл бұрын

Dan Andrews is a corrupt PEDO & needs to be locked up!

@JeremyRogers.

Жыл бұрын

Country Victoria is much better, still same rules but my harder to police and growing career opportunities. Melbourne really peaked in 2019 unfortunately and it's sad to walk around Melbourne CBD now.

@Kokoroko9

Жыл бұрын

He really is Vermin

@fair98fair

Жыл бұрын

Victoria is like the California of Aus. Definately better states you can go to

Ive lived in australia for the past 15 years and i can back everything michael is saying. Nanny state, highly controlled. Very weird to be there during the hight of covid....

The ato owed me $30,000. Because of a mistake they made. I had to pay a tax lawyer to prove them wrong and it took me 2 years to get it back. An apology was not even considered. They are a law to themselves. Karma isn't a bitch. It's an employee of the ATO !!! Great video. Balanced and fair. And also 100% true .

@geoff1971

8 ай бұрын

They did the same thing to me, stole $23,000 from me

@lightbringer9940

8 ай бұрын

How did you find out they took money from you? How does that even haopen

After seeing how they handled the "pandemic"; I can't imagine why they haven't gutted their government. It looked like an authoritarian police state. It's. a shame as it is a beautiful and interesting country.

@matthewnirenberg

Жыл бұрын

The govt flew in foreign cops as part of the "Strong Cities" program (these were the ones in riot gear only identifiable by a black number on red patch who also used armoured vehicles against unarmed citizens). The govt has a monopoly on violence and when it suits them they ignore the laws as nothing can be done against them for doing so. Also note that under Dictator Dan's omnibus bill, the definition of "detained" has been changed permanently to remove being "charged" or "sentenced", thus allowing someone to be permanently detained without any charge or sentence - i.e. a political prisoner, without any right of appeal. The same omnibus bill also changed the law to permit anyone to be "detained" for "public health & safety" purposes without charge or sentence. This means the govt can cart you away for any reason they like. The same omnibus bill changed the law to also permit the govt to force anyone to undergo any medical procedure they deem is required for "public health & safety". His "permanent powers" bill changed the law to let him declare a state of emergency if he felt there was or could be an emergency of any type anywhere in the world, and that the emergency period would be indefinite subject to him confirming to himself and his cronies every month that there was an emergency. How long until he uses "climate" as the excuse to lock everyone down? Many in Australia believe the elections (not all but key electorates) are rigged - the seat of Mulgrave (Dictator Dan's seat) had a clear win for the independent but because a letter from the VEC (Victorian Electoral Commission) instructed vote counters to only care about "Labor & Liberal" votes (which of the two was the higher preference over the other), the Dictator won. When the independent tried to get a recount he was told "there's no need, the correct person won". Combine this with the fact that there was election rigging (electoral fraud) by means of the existence of fraudulent parties "Sack Dan Andrews Party" - fraud because this party was the opposite of what it claimed to be and also because it was 100% funded and run by another party (Labor). What did the VEC do? Absolutely nothing because they're 100% crooked and run by Dictator Dan and one of his ministers. The reality of elections is "selected, not elected", and no it has nothing to do with the stupid preference system as shown by the commission only caring about two-candidate preferred. Also there is footage from the NSW election going around the internet where an electoral official puts boxes of votes in a private vehicle and says that they're rigging the election. Oh and FYI, only the govt is supposed to make laws according to the Constitution yet "National Cabinet" which was created during the plandemic has 100% usurped the Federal Government as the Prime Minister lets National Cabinet exclusively make laws. There is no legitimate govt as long as National Cabinet exists.

@cameronhickey7771

Жыл бұрын

@@matthewnirenberg well put. Excellent summation.

@heavenismydomicile3280

Жыл бұрын

@@matthewnirenberg Galatians 6:7

@jennifertinker985

Жыл бұрын

The government has no choice. They have lost our sovereignty to the WEF and WHO

@Kokoroko9

Жыл бұрын

Spot on

Think of all the revolutions throughout Irish history. In the 19th century many Irish men, women and children were exiled from Ireland to the US and Australia. Many orphans from the famine as well. Australia was an open-air prison. It still is....

ATO is like the Mafia..... No joke. When Au goes cashless, look out. Time to leave Australia.

That’s it keep telling people not to come to Australia the last thing we need is more people .

I remember dealing with the ATO when they believed Apple was a Windows program, they are not the sharpest tools in the shed. A good accountant is worth they weight in tax refunds. Penal colony mentality never died, it’s aspirational for many politicians.

I left years ago. Australia has changed it is not the country I grew up in and loved. Over bearing government, high taxation but worst of all is the politicians allowing in low class people with beliefs that are inconsistent with the good old Aussie spirit. The Buddhists and Hindus seem to get along with the Christians and Jews...but not the lot from Sandland. I chose Thailand. I like the hot weather and the folks here are easy going. I will die here.

Thanks for the info but just saying I'm not OCD but who built the stairs in the place you did this video? There's some major gaps that don't look like expansion joint's? Anyway thanks for the update been milked since I started working 😅

I am Australian and you are right we are under attack here financially, we are such a nanny state and are taxed big time, I would love to leave and go somewhere it’s not so draconian and the laws are not so strict….as a business owner we get slammed with business tax, BAS then income tax - it sucks

@sprig3432

10 ай бұрын

Can't you open a trust and claim business expenses on many things? I don't think it's that bleak if you are clever following the rule of law to your benefit. Maybe do more research

@tacorevenge87

8 ай бұрын

Spot on

I remember when I was in school, I thought about going to Australia - now I am convinced it is one of the most awful places a person could live; they really showed their @ss during COVID, and this information about their taxing authorities is gas on that fire.

@lachlanbrown409

Жыл бұрын

If you like the outdoors it's a very pleasant large open air prison. If you are literate and rational, it is not a place to be. Australian born.

@barryetherton4889

Жыл бұрын

I am Australian and I have lived in the USA as well, we have our faults but still good place to live.

@doodlegassum6959

Жыл бұрын

​@@barryetherton4889 the ATO firmly believe this and tax you accordingly

@peterbreis5407

Жыл бұрын

Then just demand to be taxed according to your IQ.

@mblenefjerne9652

Жыл бұрын

@@doodlegassum6959 despite higher taxes, Australia has the third highest wealth per capita of all countries in the world. The US for example is trailing behind just about all of the developed world in that statistic. So the average Australian may be taxed more than the average American, but they end out with more money than the average American anyway

ATO, is NOT an "Australian Government" department. Its a private agency. THAT has been disclosed in High Court cases. You can make your own conclusions about WHAT ATO is and WHO owns ATO.

@delaslight

Ай бұрын

Who owns it?

@philipambler3825

Ай бұрын

The ROTHCHILDES of course...

So essentially what your saying is that you want all the benifits of a social safety net and universal health care that provides low cost support to everyone including you but you don't want to pay for it.. you just want everyone else to pay for it

@ldandco

Жыл бұрын

Health care in Australia is absolute garbage Doctors quality leaves much to be desired, and even dangerous, lots and lots of negligence cases. I know, been here for 18 years, and GPs are what I call government reporters, instead of looking at you when you describe symptoms, they keep typing on the computer as you talk. They follow step by step guidelines given by the all mighty government. These are no doctors.

@OffshoreCitizen

Жыл бұрын

Who said anything about wanting anything? Leaving takes you away from the Australian "safety net"

@bricesmith1060

Жыл бұрын

Then please hurry and leave you tax dodger

Want the benefits but don't want to pay for it - how unusual.

@davidnorton7464

Жыл бұрын

We want to use the health services, public transport, roads, airports, etc... Why should we be required to chip in for the infrastructure we use?

@grancitodos7318

Жыл бұрын

People don't want to fund the bank accounts of criminal politicians and their families and friends, nor have the bastards just squander, the stollen "tax" money, on frivolous expenses, get a fucking brain.

@ashdog236

9 ай бұрын

@@davidnorton7464 who pays then? Do you think the money comes from a magical money tree?

@realsatoshihashimoto

Ай бұрын

He's talking about people who left Australia already. If you leave then you're not using the infrastructure, not getting the benefits!

Hi Michael. Would you know about irrevocable trusts and whether or not using one set up in the states while living in Australia would be problematic?

@OffshoreCitizen

Жыл бұрын

Probably best to reach out and discuss all the details surrounding your specific situation

These new changes seem to be in a holding pattern for the past 2 years with no movement at all. I highly doubt they'd get passed through in their current form, my prediction is that they'll change the 45 days to 60 or 90 days. We've still got it better than the US though, at least our taxation isn't based on citizenship...yet.

@realsatoshihashimoto

Ай бұрын

Word is that citizenship based taxation is on Australia's agenda.

I lived in Australia late 80's very early 90's, their tax rates are high. The ATO is a nightmare, they are like debt collectors, from what i heard locally. I have never been back only in Sydney for 2 days about 15 years ago. I would never live there for tax reasons. Earning and paying high taxes was not my cup of tea.

The goal of a retirement plan is to accumulate enough savings to maintain a desired standard of living during retirement, covering expenses such as housing, healthcare, and leisure activities, without relying solely on Social Security benefits or other forms of income. I'm lucky to have heed to Advice of my FA.

You’re not wrong 😅 there was a petition to increase to 90 days..

Australia is ruined by our government. Love the country, but I’d much rather live elsewhere and know I can afford to live.

The ubiquitous message influencing Australian compliance is you gotta "go with the flow" or else you'll be unhappy and seem like you have a bad attitude

@comdrive3865

10 ай бұрын

yeah. that go with the flow also applies if you're being abused in a workplace environment. "get on with it" and keep your mouth shut.

Hey Michael, I'm the Aussie guy who phoned you a week or so ago. Just curious as to where you got the information that they're pushing this legislation through. I like to stay on top of this, and I've seen nothing that indicates it's one of the current Government's priorities. The upcoming budget next week may change this though!

@nicholousyork7987

Жыл бұрын

Sounds like he might know more than you though

@richardcoulson7483

Жыл бұрын

@@nicholousyork7987 Are you really saying that this guy knows more about the Australian Political environment and what a government is going to do because he's on KZread. Have you got his background and qualifications or how long he's been working in his so called profession. I take everything on KZread with a big pinch of salt and not believe everything you hear.

@mindgoesbodyfollows

11 ай бұрын

Yeah there's another offshore channel with a guy saying this exact thing won't happen

@bfnew4440

10 ай бұрын

Go see a registered Australian tax agent mate. I've been working in Aussie tax for 23 years, and this guy is unremarkable, and unknown, in the industry

The ATO are a-holes. Never mess with them. They will destroy you

@brettteague3464

Жыл бұрын

You have no reason to worry about the ATO if you aren't a tax cheap bludging on the rest of us. So what are you so stressed about big fella?

@richardbrown9344

4 ай бұрын

They are a criminal organisation.

@richardbrown9344

4 ай бұрын

​@@brettteague3464Are you happy funding a crime syndicate, sounds like it?

@JamesM-fo7lu

Ай бұрын

and the CSA is very corrupt to, any appeal will only cost you more and the caring parent will get their family benefit reduced if they refuse CSA intervention. The government thinks the people are their servants.

@dosomething7930

Ай бұрын

CSA is its offspring

If I go as a tourist and stay for 2 month do I have to declared tax , ?

I think the ATO are pissed off because 50 thousand Aussies claimed fake GST refunds, averaging arond $30,000 each refund. Over billions of dollars were refunded. 🤪

Australia tax period is June-July which is winter here not summer

yeah the ATO are crooks. I would rather deal with the mafia

@toby9999

6 ай бұрын

Go then. You'll be back.

Fuel prices are also expected that will increase the price for fuel and the cost for fuel in general for fuel consumption and the cost to consumers and the environment for consumers.

Could you explain why you suggest a tax treaty country. What happens if you move from Australia to a pure tax haven?

@cameronhickey7771

Жыл бұрын

I guess pretty much all of our Prime Ministers could answer this question as all the mongrels seem to be good at hording their money over seas (ie. The Panamar Papers).

@danearmour

Жыл бұрын

Love to hear more on this too. Why a tax treaty country?

@Orson2u

11 ай бұрын

I guess the idea is that a tax treaty country offers some definite limits on taxation.

@BenDover-nn6td

11 ай бұрын

Governments do not like it if you move to a another country that does not have personal income tax. If you are moving to a country that has a tax treaty with the country you are currently a tax resident of, they are more comfortable with the fact that you are at least paying tax somewhere else. Also some countries only allow you to move to another country that is on their approved list of countries. You will continue to pay tax likely for three years to your old tax residency country. After three years, you can relocate to a tax neutral jurisdiction if you wish. Norway and Mexico are two examples of this. Parasitical tax law in my opinion.

Even though the rules if you are a resident or not are clear what they consider income and capital gain is not clear at all and subject to their own interpretation so even a non resident status won t save you from them

That’s not true at all The bright line is …. 183-day test You will be a resident under this test if you're actually present in Australia for more than half the income year, whether continuously or with breaks. unless it is established that your 'usual place of abode' is outside Australia and you have no intention of taking up residence here.

I moved to Japan and after 3 years of extremely low income Im heading back to Aus.. even after tax and huge rental your still getting ok wages and some family support.. in Japan you get NOTHING. things aren't that much cheaper (mest is twice price of aus) but wages here are less than what a 13 year old gets at Maccas..alot of people in debt here just si they can have there iPhone and latest Black Toyota Van..there all like sheep here....

Micheal, thanks for your video. A question I have is, the Australian Means Testing that was brought in for the Pension, was there a line drawn in the sand, so if you were already on the Pension you were immune to any further legislation, or was it introduced retrospectively to include all Pensioners, including those already collecting the pension? Thanks.

I tried really hard to like Australia by spending 2 months this winter, but I really don't understand the interest of living when you can live anywhere around the world and have a way better culture and architecture to appreciate.

@person.X.

Жыл бұрын

Well you can earn AUD$200K driving a truck! 🥳 Oz isn't perfect but it is better than most places if you have to earn a living.

@ElVerdaderoAbejorro

Жыл бұрын

Yep, and you'll give 40% of that to the government. Great deal.

@vondamaraland2697

Жыл бұрын

Plus your house will cost you over a million $ if you are lucky. Unless you move out into the middle of nowhere and commute for 3-4 hours a day and the roads are 💩. Awesome deal.

@cosmo588

Жыл бұрын

You don’t like a country? How is that even possible to not like an entire country?

@beaulieuc8910

Жыл бұрын

I agree. I love culture and architecture and I didn't find Australia great for that. I also missed really good museums there

I also believe we currently have a government that is sneakily trying to follow Canada model in every way. The ATO here has extraordinary powers as do other federal departments that are primarily tasked with enforcement.

Oh yeah great I remember paying "provisional" tax back in the late 80's at the age of 16 because I had a couple of thousand in the bank and a small term deposit. Good times.

@drusuffabadly4046

Ай бұрын

Child taxing is SLAVE LABOUR. Younger than 18 y.o.a. cannot vote: therefore > taxation without representation = SLAVE LABOUR. exhibit A)

Australia has turned into the penal colony it was originally meant to be. I can’t say I am much better being stuck in the United Socialist States of America 😂

@pooyafitness

Жыл бұрын

But you have the best president of all time.

@pinetworkminer8377

Жыл бұрын

@@pooyafitness Are you being sarcastic? 😜

@jimmyhvy2277

Жыл бұрын

@@pooyafitness the best president of his mind , LOL .

@jamesdeegan7365

Жыл бұрын

Seriously why don't you buy a small home in a state that isn't expensive, you can buy homes for 30,000 why would you want to live in Australia Sincerely a Australian

@brettteague3464

Жыл бұрын

Americans crack me up. Are you wearing your orange painted con man cult leader's red baseball cap? Only in America lol

Great analysis Michael! It underscores the necessity of getting professional advice, just as you provide. The other point I did not hear ( I probably missed it) is that if you are unfortunate to be charged with tax offences in terms of the relevant Acts, the onus of proof is on you. Or to put it another way, innocence is not presumed: but guilt is, therefore a complete reversal of the golden thread that runs through the justice system. My own opinion is that it will not be long before Australia introduces universal global tax for all citizens and permanent residents, much as the USA currently does.

@Samii63

Жыл бұрын

They just introduced international tax

Hey mate, I’m doing amazing in Australia❤ I love paying taxes here Australia’s healthcare system is the best and has amazing Drs and Nurses compared to where I was born. It’s not just the healthcare system there are so many good things about Australia. At the moment what I don't like is the high price of owning a house which is happening all around the world. “I’m talking about comfortable house and their standard houses”

@doodlegassum6959

Жыл бұрын

Dr.Patel escaped

@fair98fair

Жыл бұрын

Too much crime in Australia atm

@trufflesufflephatboy3437

Жыл бұрын

​@@fair98fair yea you'll be arrested defending yourself in your own home, we protect our precious criminals here

@cosmo588

Жыл бұрын

@@fair98fair like, everywhere?

@peterkelly6146

Жыл бұрын

@@cosmo588 like all the countries run by leftist governments, slack on law & order

It started as penal colony and it ends up as one. The last five years demonstrated that clearly.

Misleading information- it’s regulated because it must be . Identify one regulation and explain why it should be cancelled? North America and Europeans invest in Australia for the primary reason that it is deregulated and too easy to rip off the consumer (cartels , duopolies etc who abuse market power )

ATO is not so bad compared to the IRS, prison sentences are a lot longer in the USA

Hello Michael. I love all your videos especially the ones on Dubai property market as I currently live here. However, I am also an Australian. We have done our own tax returns since arriving here. Accumulating a tax loss as we have negatively geared investment properties back home (is that even a thing in Dubai :)). But we also, we have some money to send home to pay off such loans. Is this something your company deals with?

Having had a debt to the ATO before, i can tell you that it is not as bad as you might think. It is only a problem if you are trying to avoid paying tax. The reality is that Australia is actually advanced enough that they have systems to make sure things are done properly and in the correct order. Compared to other countries who are really poor at tracking and enacting laws properly. basically, you are complaining because the government is doing their job properly... oh no! A government doing as they should, disaster.

@richardbrown9344

4 ай бұрын

Dumb sheeple..

Panama: no tax on income earned outside Panama and warm weather 365 days a year! Cheers!

The birth certificate is a promissory note just like bank notes.

I hope this doesn't apply with tourist visa?

Jesus christ all this tax bullshit. I think at that point it's just best to live out in the bushes and greet them with an arrow in case to dare to go find you.

Good explanation however as an Australian tax agent specialising in tax residency, I don't believe this will be pushed through. That being said, lets wait and see. There's a federal budget release soon so we may get info on this in a few days.

@worldwideadvisory

Жыл бұрын

Here are my thoughts as to why I don't believe these rules will take affect 1) the rules were handed down by the Board of Taxation to the Federal government in 2019, the world is quite a different place since then 2) they were proposed by previous Liberal government whereas the current Labour government have made it their aim on the international tax front to focus on large multinationals. Seems the focus has shifted to them in line with the OECDs focus. 3) it has yet to be announced or even mentioned in a Federal budget since it was originally announced in the 2020/21 budget. We've had 2 (and a budget reshuffle) more Budgets since then 4) there were multiple petitions sent out against these rules so the government knows its not an easy sell 5) the proposed rules are ridiculous! That all being said, Australian non-residents are an easy target in a time where the government is trying to drive up tax revenue as much as possible. We have at least another 12 months before another budget is announced so till then you have to the current residency rules to follow.

The ATO really do tax us into oblivion. The problem is there is 26 million of us of which 13.8 million are tax payers. These 13.8 million have to support a health system, services, security, social security, the government and infrastructure for an entire continent. It’s crap but at the same time there are benefits and safety nets. The ATO are aggressive but it’s a culture it has its hard times and easier times.

@farzinfrank2553

Ай бұрын

and 500k new people coming to compete with you:)

I was born here and I live here and I can tell you all the price of living is through the roof when a packet of cigarettes cost $50. The price of houses has jumped up to $1 million. We are probably the most taxed country in the world, the living cost is a joke and the government seem to always give themselves pay rises or not caring for the people who live here . foreign investment in our housing market is a disgrace pushing home prices and even rent through the roof on average $700 a week for rent . Food prices are way through the roof as well being your mate even your every day needs a bottle of milk close to 5 dollars .

They just blanket banned vaping as well when other countries like the UK are using it to decrease smoking numbers. i'm in the process of getting a 190 visa and I really don't know if it's a good idea now..

@bornfree8487

Жыл бұрын

Read my comment above. Avoid the place like the plague

@nothingtoseehere2189

Жыл бұрын

Video is right don’t mess with the Ato I’m Australian and they’re scary but they banned vaping but not from chemists cause let’s be honest vaping was made to stop smokers and I’m sure it helped some but it’s a two way bridge lots of people I know started smoking bc of vaping

@parasportz

Жыл бұрын

I moved here from another country 10 years ago. Whilst we have made a good living and live very well by world standards, the treatment of people during the "pandemic" was criminal and the authoritarianism with which the government rule over people who mostly do whatever they say is cause for concern. Seems the people have forgotten that the government is supposed to work for them...not the other way round.

@KeepItSimpleSailor

Жыл бұрын

My goodness - it’s not a blanket ban on vapes. You talk rubbish

@cosmo588

Жыл бұрын

@@parasportz that’s not exclusively an Australian problem. Look at most countries response to covid and you’ll see the trust is gone.

This is very true unfortunately- ATO are tough and you need ALL your paperwork in order and to meet as many of the requirements as possible to protect yourself

You know what you need?! 1776...

Really useful. Thank you 👍

I don’t know I’ve never dealt with the ATO before. I got plenty of experience with the IRS, the running my e-commerce business. I find myself calling them all kinds of colorful obscenities once I finally hang up.

Where are you going if you haven't take the " hot sauce" shot?

Well, that was a big load of nothing.

I'm an Australian citizen, so I'm stuck with our Jewish tax department...

@Frogman69..

Жыл бұрын

Oy vey

Try Live In New Zealand. Australia is way easier than that place.

Soon we’ll have to escape from the planet 🌎

@OffshoreCitizen

Жыл бұрын

Where to? :D

@AquarianNick

Жыл бұрын

@@OffshoreCitizen A black hole, where we came from.

@darillus1

Жыл бұрын

yes, once there's a global government in place (if there isn't already a semi global gov already)there will be nowhere to run!

@prosperity144

Жыл бұрын

@@AquarianNick Carbon

They tried with Paul hogan and fail.and several others it depends on how much you want to spend to defend yourself

Michael I so impressed that you can talk freely about this subject. I am amazed your chanell has been closed yet. Godbless . Australia s for the rich .I worked in financial planning accumulated properties .when the 2008 came no one seen this I lost farm worth $5500 three other properties. I have worked for forty years have nothing to show for. If I can give one piece of advice Have one home , one car pay its off be debt free. Be happy all greed .Allow people to bring money and pour into the property market. Today the average people cannot nit even own piece of land . Where had Australia gone wrong it's it turned out like Hong Kong. High rise everywhere. In the last 15 years units were built it's all mould linking building so poorly build. Because the builder were signing of the properties. Conflict of interest. Don't get me wrong Australia is a beautiful country, but became too expensive too live. I worry what's the next generation going to do. Creating a society off helpless. Depression drugs etc. My heart goes out when I go and feed the homeless all over Sydney listening to there stories. Makes you cry😂😂😂❤❤

Do you have client and tax solution for indonesian citizen?

@OffshoreCitizen

Жыл бұрын

Of course. Feel free to reach out and we'll be happy to assist

The ATO is not that bright, they chased a friend of mine years ago for over two years with same investigator. My mate was in a cash business and the same guy followed him around to four different locations over two year period. This guy pretended to be a half wit, telling my friend his father had the same business years ago. Asking him thousands of questions. One night my friend was moved to a different location, just around the corner just sitting in the dark and he watched this ATO guy walking from another business owner. They locked eyes and the ATO guy the word F#ck. He knew his cover was blown but the funny thing is why my mate knew over two years earlier and warned other business owners, who he was. But other owners of businesses did cash jobs. The worst thing about the ATO is even if you are right and you take them to court and spend hundreds of thousands of dollars, they can back date kaw changes so they win. An accountant told me just pay them what they want. There was a well-known criminal and Melbourne they were chasing for money and he met them in a restaurant open a suitcase with I don't know know how many hundreds of thousands of dollars and he said this is all you getting. They took it and close the case against him.

@richardbrown9344

4 ай бұрын

Another case of brainless govt goons just following orders.

Wow the tax office may save Australia

Its not law yet as it does not have bipartisan support in the parliament, they have been talking about this for years and its unlikely to go ahead as the country is struggling to attract skilled immigration and this is one of its core goals to improve productivity.

ATO will come after you with big numbers if you work hard and earn more money. But there are so many benefits for people who can go through tax loopholes, usually they are in Favour for students and work visa holders and doggy business enterprises or investors. For this reason, many citizens shift into much relaxed and lesser work hours options to avoid ATO.

if you dont want to pay tax, dont line up to come here and use our government funded infrastructure and other related benefits

@richardbrown9344

4 ай бұрын

Bahaaaaaaa

Not clear what this video is about.

We don't charge enough tax.

So which countries have great governments that care about their citizens? I'd imagine they're mostly all the same in different ways

My opinion is if you’re warning the money to owe the tax then pay it. Don’t want to pay it? Go elsewhere and take your money with you. There is already a mob of big business here that dodge the tax system.

We have a new term in Australia that the rich would not like. Tax dodgers. A tax dodger is at the same human level as a dole bludger. I am a 5th génération Australian and in no way do I think my country is “nice” when it comes to money. However, we do have more safety nets for the unemployed than in other countries.

@MS-ll9qb

11 ай бұрын

Yes Australia likes to reward laziness she'll be right attitude that's why we're a future banana republic. Too many uneducated ignorant overpaid numbskulls that think watching the channel 7 news is being informed. Its only by luck Australia has got this far. Its certainly not through brains or innovation. When the left wing nutters have crashed the economy they'll come for your pensions and your grandkids future. That's the kind of people we celebrate onya straya...biggest bs artists on the planet

Hopefully a few million leave, the housing crisis is nuts here, we NEED people to leave, preferably right now!

RUUUUNNNNN FAR! 27 and struggling to get out

Are they they still keeping the ill-defined "domicile test"?

@jamesdeegan7365

Жыл бұрын

What's that?

If the rest of the government operations were run to the same level of the ato, it would work better. Mooo.

Good. The rich should pay their dues or get the hell out.

If 'you believe' you are wealthy and fear the ATO, then there's a good possibility that your not wealthy at all.