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MR BLAKEFIELD. REGAL CAPITAL. FLORIDA.
OUR JURISDICTIONS —
Australia
LAST UPDATED 21/07/2023
AT A GLANCE
Mainland Australia, plus the island of Tasmania and a raft of smaller islands in the Pacific and Indian Oceans, make up this southern hemisphere country. Its capital, Canberra, is found in the Australian Capital Territory – one of the country’s six states.
With English as its official language and its state currency the Australian dollar (AUD), Australia has secured its place as an advanced and internationally competitive market economy.
Australia was colonised in the 18th and 19th centuries by the British, who seized land from the indigenous Aboriginal population. Since then, Australia’s plentiful natural resources have attracted consistent investment from abroad. In the 1990s, it had one of the world’s fastest growing economies. Now, it continues to be a major exporter of natural resources, food and energy and has a significant services sector.
Our local Tax Natives can tell you everything you need to know about the ins and outs of your tax obligations in Australia. Whether you’re buying a single property, or doing millions of dollars of business, we’ll get you the advice you need. Just say the word and we can put you in touch with a local expert who can answer all your questions.
THE HEADLINES
- Corporate income tax is 25% for small to medium businesses and 30% for everyone else.
- Personal income tax rate is 45%
- Standard VAT rate is 10% for goods and services
Tax experts in the region
How Tax Natives works.
Tax Natives is an international tax network that connects Explorers (taxpayer clients) with Natives (qualified and regulated tax advisers) from one jurisdiction to another.
Ask a question to get startedSTEP ONE
Select the 'Ask a question button located on the top of each page and follow through the process to compose your question
STEP TWO
Once your question is confirmed and your account is set up, navigate to your user dashboard to view the message exchange between you and your Tax Native.
STEP THREE
Each Tax Native has to accept a question from an Explorer before a conversation can begin. Once the Tax Native has accepted your question, a quote will be submitted for approval through the messaging portal.
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