Tax · 세금

• Buying an Australian home with Korean money — a 'double discount'? Start with the net entry price

  Falling Australian prices plus a weaker Australian dollar can lower the won-based purchase price twice over. But buying with Korean money isn't the same as buying as a foreign person — and as a foreign person, everything from which homes you can buy to FIRB and state surcharges becomes a barrier. What matters isn't the 'discount rate' but the net entry price after every cost.

• Is Australia Really About to Be Flooded With Used EVs? — The Truth Behind a Tax-Made Wave

  The used-EV wave is driven partly by the FBT exemption and novated leases of a few years ago. But ex-lease cars don't all hit the market at once — supply spreads out over years. Average battery State of Health is high, but the car you buy isn't the average — a per-vehicle test and remaining warranty are what matter. Early in settling, a home you can actually charge at and your first-12-months cash flow come before the sticker price.

• Australian Work-From-Home Deduction 2026 — 70 Cents an Hour, or Actual Cost? Which Wins

  A working-from-home deduction is claimed one of two ways: the 70c-per-hour fixed rate method, or the actual cost method. The 70c already covers electricity, gas, internet, phone, stationery and consumables — claiming them again is double-dipping. Depreciating assets like a computer, desk or chair can be claimed separately. The key to both is a record of actual hours worked from home.

• Don't Just Copy Someone Else's Deductions — Australian Tax Deductions by Occupation 2026

  Australian tax deductions aren't about copying what a friend claimed — they're about claiming what your own job actually cost, with records. A logo uniform can be deductible but plain clothes usually aren't; ordinary commuting isn't deductible but travel between work sites may be. The test: you paid for it, your employer didn't reimburse it, it's directly work-related, and you can show a record.

• Australian Tax Audits 2026 — How Work-From-Home, Car, and Side-Gig Deductions Get You Flagged

  The dangerous idea in a 2026 Australian tax return is that 'more deductions means a bigger refund.' The ATO data-matches employer, bank, platform, and overseas financial information. What triggers a review isn't a big number — it's a number that doesn't match your records.

• Australian tax return 2026 — 8 changes Korean-Australians can't afford to miss

  If the '7 mistakes' article is about errors that repeat every year, this one is about what actually changed this year. HELP/HECS repayment reform, Uber/Airbnb income reported to the ATO, ATO interest charges no longer deductible, super at 12%, plus the perennial traps — working holiday rates, Medicare levy surcharge, foreign income. The point: match your return to what the ATO already knows.

• Overseas Assets and Crypto in Korea's Basic Pension Test — What a Return-Migrant Should Know

  The Basic Pension (기초연금) — a means-tested welfare benefit based on income and assets — is not the same as the National Pension (국민연금), which is contribution-based. On 29 June 2026, lawmaker Seo Yeong-seok filed, as lead sponsor, an amendment that would reflect virtual assets and overseas financial assets above ₩500 million in the Basic Pension's income-converted-assets test. It is still only a filed bill, and its timing is undecided. If you are a return-migrant holding sizeable assets in Australia, it is safer not to build the Basic Pension into the centre of your retirement budget.

• Australia's EV FBT Full Exemption — March 2027 Is the Line. Sign Now to Lock It In

  Australia's EV FBT exemption isn't disappearing — it's narrowing in phases. The full exemption holds until end of March 2027; from April 2027 it centres on EVs of $75,000 or less. The point isn't 'EVs save tax' — it's 'when you sign.'

• Filing Your Australian Tax Return Early Can Cost You — 7 Mistakes Koreans Make Most

  An Australian tax return isn't 'the government handing you money' — it's you settling your own tax. ①Filing early hurts (wait for late-July pre-fill) ②the $1,000 is next year, and a deduction (~$300), not a refund ③Korean accounts show up via CRS ④WFH and ⑤AI claims are risky ⑥company-car FBT ⑦receipts are a year-round habit. If you hold Korean assets, look at Korea and Australia together.

• Why is it so hard for a Korean to buy a home in Australia?

  Australia doesn't block foreign capital — it designs where that capital is allowed to flow. Foreign individuals (non-residents and temporary-visa holders) can generally only buy new builds, off-the-plan, or development land, with FIRB approval — plus a 9% surcharge purchaser duty and a 5%/year surcharge land tax in NSW. From April 2025 to March 2027, foreign purchases of established homes are temporarily restricted further. The recent 'foreign tax abolished' headlines apply only to Build-to-Rent and retirement-living developments — nothing changed for individual buyers.

• What Changes on 1 July 2026 (Tax Rate, Payday Super, Div 296)

  1 July is the start of Australia's financial year — changes cluster here. For 2026 the three that matter are the rate cut (16→15%), Payday Super (super paid with your wages), and Div 296 (extra tax on super above $3M) — plus higher sponsored-visa salary floors (CSIT $79,499, SSIT $146,717). Here's what they mean for Korean-Australians.

• Moving to Australia: When Does Tax Actually Start?

  In your first year, the biggest money leaks aren't on the checklist — they're tax and super. Three mistakes: delaying your TFN, confusing a visa with tax residency, and treating super as 'the company's money.' Get the first button right and 30 years get easier.

• Self-Employed, So No Novated Lease? — An EV Tax-Saving Opportunity

  Buy a car in the company's name and it's all deductible? Australia has FBT, so private use is taxed. A pure sole trader can't do a novated lease, but a company-plus-salary structure can — and an under-$91,387 EV's FBT exemption opens A$15,000–30,000+ of tax saving over five years.

• “Just Send USDT, Nobody Sees It”? — Crypto Remittance to Korea Changes in 2026

  Crypto remittance isn’t being banned. But from December 2026, moving value across borders via crypto enters Korea’s regulatory perimeter — registration, oversight, and information-sharing between agencies. The assumption that ‘crypto is invisible’ is weakening. Here’s what it means for Korea–Australia transfers.

• Scared of the Tax Bill, Can’t Move Back to Korea? — Korea’s NTS Opens a 1:1 ‘Returnee Tax Consult’ (July 2026)

  The real reason people hesitate to move back is tax fear. From July 2026 Korea’s NTS runs a 1:1 ‘U-turn’ tax consult (anonymous) for returnees — residency, overseas-asset tax, account reporting. But it’s Korean tax only; handle the Australian side (CGT, super, FX) separately for real savings.

• Australia Has No Inheritance Tax — So Why Is There a Korean Tax? (Korea–Australia Inheritance)

  The hinge for Korea-Australia inheritance isn't 'who receives' but 'who died'. If the deceased was a Korean resident, the worldwide estate — including Australian assets — is taxed (Inheritance & Gift Tax Act Art. 3); if a non-resident, only Korean assets, but deductions shrink to a ₩200m basic. 'Just gift it early' can backfire via the 10-year add-back (Art. 13) and the deduction-cap reduction (Art. 24).

• Returning to Korea — Nationality vs F-5 vs F-4: How Health Cover and Tax Differ (2026)

  Choosing between restoring nationality, F-5 and F-4 when you move back to Korea comes down to age, work and health insurance. Tax is the same for all three (live in Korea and you're a resident taxed on worldwide income). What differs is health cover (only F-5 is immediate; the others wait six months), work (F-4 is restricted) and dual nationality (only for 65+). Here are each path's requirements and documents.

• Money between Korea and Australia: where to start — the whole map

  Money between Korea and Australia breaks into four flows — remittance & FX, investing & assets, tax, and superannuation. What matters most isn't how much you have, but which direction you're moving. This is the whole map, and the entry point to every topic.

• Buying Korean shares from Australia — IBKR vs bank brokers, and tax

  You can invest in Korean shares while living in Australia. Bank broking is convenient but limited for Korean stocks, so many Korean-Australians use a global broker like IBKR. What matters isn't the stock pick — it's the FX cost and the tax in both countries. You only see your real return once you account for Australian worldwide-income reporting.

• If Australia's 50% CGT discount disappears — when should a returning migrant sell?

  Australia gives a 50% CGT discount on assets held over a year. The government is weighing a switch to indexation, but nothing is final. For someone returning to Korea, the rate matters less than the timing of the sale — and the key variable is Korea's '5-year rule': if you've been back under five years, gains on overseas assets are less likely to be taxed in Korea.

• Korea and Australia — taxed twice on the same income? The treaty and double tax

  Korea and Australia have a tax treaty that stops the same income being taxed twice. The key is three things — your tax residency, the type of income, and the foreign tax credit. It isn't automatic, though: in most cases you report in both countries and the credit adjusts for it.

• Moving back to Korea: what happens to your Australian super?

  Australian super is money for retirement, not money you collect on the way out. Returning to Korea does not release it automatically — PRs and citizens must meet a condition of release (age and retirement). So the real question isn't whether you can withdraw, but when — your age, tax residency, the exchange rate, and your return date all change the result.

• Am I an Australian tax resident? — Korea, Australia, and when residency changes

  Tax residency is decided by where you actually live, not your visa. Australia and Korea each have different tests, and if both treat you as a resident, Article 4 of the Korea–Australia tax treaty breaks the tie. CGT, dividend tax, super, reverse migration — every tax question starts with 'which country am I a resident of right now?'

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