I live in New Zealand. I'm doing freelance work for an Australian company. They are not very open-minded in relation to new transfer money methods, they only do it with PayPal or international money transfer via some bank. These are expensive.
I was informed I could open a bank account in Australia, so my plan was to make them pay to my soon-to-be account in Australia and then I would use my favourite transfer method (TransferWise). But now it occurred to me that if I receive the money in Australia I might be obliged to pay taxes for Australia.
Is that true?
I know New Zealand and Australia have a double tax agreement, but my understanding is that I could claim the money back in New Zealand after paying Australia. I don't want to go through this hassle, having more work and probably having to pay for an accountant in Australia.
I'm a Sole Trader now and my accountant is the one who thinks I should pay Australian tax, which I didn't believe.