Episode Details
Back to Episodes
Geof Nightingale: Independent tax expert on the new migrant tax rules
Published 7 months, 4 weeks ago
Description
A view that new migrant tax rules will put us on par with other countries.
The Government's proposing a bill to stop migrants being taxed on estimated overseas income and instead, only what they actually earn.
Independent tax expert Geof Nightingale told Mike Hosking the current settings are a problem for high-value migrants, particularly now we have the Active Investor Plus scheme.
He says these people usually have a portfolio of shares of other things around the world but we tax them on an annual basis, no matter if they sell.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.