Aussie Expat Podcast

Welcome to the one hundred and fourth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we talk about foreign pensions and what Australian expats need to know when managing and repatriating them. Many Australians will accrue some form of foreign pension when they live and work overseas, whether it is a 401k, Canadian RRSP, UK pension, End of Service Benefit, Provident Fund and many others. But what can cause confusion is what should you do with them when you are looking to move back to Australia. Do you leave them where they are or should you try and move them home? What are the tax implications of either strategy? In this episode we run through the following topics: • What is the ATO's position on foreign pensions? • Do you move them back before you return or later on? • What are the tax implications of either strategy? Links that we discussed in this episode include: • Upcoming Webinars - https://atlaswealth.