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Archive for Shane Macfarlane

How Does Negative Gearing Work For Australian Expatriates? Cash And Non-Cash Deductions

Shane Macfarlane, Tax Advisor, Tax Blog, Ho Chi Minh City, Viet Nam, TaxConnections

If you’ve paid attention to the news lately, you’ve no doubt heard the term “negative gearing”. It has become somewhat of a political football – with the Liberal and National parties supporting current arrangements, while Labour intends to change it. But what exactly is negative gearing and how do the rules apply to Australian expatriates?

Negative Gearing 101 Read more

Australian Tax- The HECS, HELP, and TLS Shirt Tail Effect

Shane Macfarlane, Tax Advisor, Ho Chi Min City, Viet Nam, TaxConnections

Many overseas destinations welcome young Australians to live and work. For the best and brightest of Australia’s young, the expat experience is a rite of passage.

However, the best and brightest young Australians often have a HELP debt or Trade Support Loan (TSL). A visit to the Australian Taxation website shows your HELP and TSL debts are a trailing shirt tail that forever ties you to your home until they’re paid off.

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