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Guys,
My company is paying me relocation allowance...which is subject to tax & social charges. I thought there were no taxes in Australia? Any ideas on that?
Cheers
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Sounds like something they made up. Never heard of that. Ask them for a break down of exactly what that is.
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Even though you're working in a 'tax-free' country if you're on a US payroll you tend to pay 'hypo' tax.
-Driven by Precision-
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What is 'hypo' tax? (never heard of it)
Well I work for a French company...but I'll be working under a local (Brisbane) contract. Although my salary is in US$ and house allowance is in Australia Dirhams...!
Any ideas...will I be paying tax then?
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mm interesting, those guys make and implement laws overnight. They dont have elected emmbers who make laws just a shiekh sitting in his porshe office with a cigar and making whatever laws that comes to his mind.
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'Hypo' = hypothetical tax.
If you're an expat on a US payroll you're subject to US taxes. Although most companies will only deduct a 'hypo' amount from your pay and the difference to actual tax due is paid by the company.
I have no idea about French tax system so can't provide any comment for your situation.
-Driven by Precision-
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Cheers Guys...I'll see whatever comes !
Take care
