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).

Insight Authors…

ANDREW HENSHAW

Director

Andrew specialises in difficult tax disputes and complex tax advice. He is passionate about getting wins for his clients, solving difficult legal issues and giving clear practical advice.

Andrew acts for a diverse range of private businesses, high net-wealth individuals and family groups. Andrew has been a Director of Velocity Legal since the firm was founded in 2016, and established Velocity Legal’s Sydney practice in 2019.

0421 219 553  •  VIEW DETAILED PROFILE  •  READ ALL OF ANDREW'S ARTICLES

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Level 49, 360 Elizabeth Street,
Melbourne VIC 3000

Level 10, 580 George Street,
Sydney NSW 2000

Level 49, 360 Elizabeth Street,
Melbourne VIC 3000

Level 10, 580 George Street,
Sydney NSW 2000

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