Myth #2 – The Tax man will never find out!

Unfortunately, this is not the case and every year I get several phone calls from people living in Australia where the ATO has discovered they own or have owned a property in Ireland.

Typically, this occurs due to data matching,...

Myth #1 – You will pay more tax  if you include your Irish property in your Australian Tax Return 

Not necessarily is the answer and in the case of a lot of Irish people who bought houses during the boom you may actually be entitled to a refund and pay less tax now...

Once you become a permanent resident you are required by Australian tax law in include your total worldwide income in your tax return and this includes your UK property.  You may think that the ATO will never find out but in 2014-15 the tax office matched its records w...

You could be missing out on a refund!

First it is important to understand that the Australian Tax System is very different to the Irish/UK systems when it comes to investment properties, so if you are basing your knowledge on what you can claim or not on the Irish/UK sy...

Electronic data-matching is a tool that the ATO are now using to ascertain whether people are declaring all of their income in their tax returns. Currently the ATO are currently running several data matching programs such as:

• Banking transparency strategy (data matc...

Most people just use the cheapest one they can find, this is a grievous error in my experience as most of the time cheap tax advice turns out to be the most expensive decision you could make.

OK, you read on Facebook or your friend tells you to use Mr/Ms X who only ch...