WORKING OFFSHORE? TRANSFERRING MONEY TO AUSTRALIA? BEWARE OF AUSTRAC & THE ATO!
By Andrew Henshaw, Director, Velocity Legal
Australia is a big, isolated island. Despite our isolation, Australians are very well travelled. For some Australians, travel leads to living and working overseas for a prolonged period. For example:
- highly skilled Australian professionals engaged in oil, gas and related industries (e.g. based in the UAE, Saudi Arabia, Qatar, Russia, etc.);
- Australian entrepreneurs setting up businesses offshore (e.g. in international business hubs, such as Singapore or Hong Kong).
Andrew leads Velocity Legal’s Sydney practice.
If you are in a fight with the ATO or looking to restructure your business, you should have Andrew in your corner. Andrew is passionate about getting wins for his clients, solving difficult legal issues, and giving his clients clear and confident guidance. Andrew is a Chartered Tax Advisor, holds a Masters of Law from the University of Melbourne and is the author of ‘Life, Death and Taxes’. Andrew is also a passionate snowboarder and is always up for the next adventure in life.