Australian graduates living overseas have been warned moving away doesnt mean they can dodge their student loans, and the tax office intends to remind them.
The Australian Taxation Office announced on Tuesday it would contact people with student debt who leave or are already overseas in the coming months.
ATO assistant commissioner Karen Foat said it was easy to get caught up in the excitement of moving overseas and forget about ones repayment obligations.
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Moving overseas does not cancel student loan debts and your repayment obligations do not change with your address. Current laws give us the power to pursue these debts overseas, she said.
Expats with Higher Education Loan Program (HELP), Voc…
Read the full article at: http://www.mygc.com.au/australian-expats-warned-on-student-debts/
