Many young Australians living overseas will soon find themselves in the sights of their home country’s tax authorities.
Australian tax officials have been told to prepare for a campaign to recover student and trades training loans from graduates and trainees living and working all over the world.
But ex-pats need not fear a call from debt collectors, the ATO says, with an approach of encouraging “voluntary compliance” preferred, at least in the early days of the new rules.
Graduates and other workers who have covered their uni fees with HELP loans, previously known as HECS, or Trade Support payments are currently not required to make repayments if they are …
Read the full article at: http://www.canberratimes.com.au/national/public-service/ato-launches-global-hunt-for-student-loan-repayments-20170424-gvr502.html
