Australian Tax on Income
#1
Guest
Posts: n/a
Australian Tax on Income
According to what I read, Australia requires income tax on its
residents. Do you become a resident as soon as you validate your visa?
Suppose you validate your visa and then remain out of Australia for the
next 2 years. Does that mean you are required to pay Oz income tax
during those 2 years? (In addition to the income tax you have to pay on
where you are currently working).
residents. Do you become a resident as soon as you validate your visa?
Suppose you validate your visa and then remain out of Australia for the
next 2 years. Does that mean you are required to pay Oz income tax
during those 2 years? (In addition to the income tax you have to pay on
where you are currently working).
#2
Member
Joined: Oct 2004
Location: Brisbane
Posts: 145
Re: Australian Tax on Income
Originally Posted by Francis DS
According to what I read, Australia requires income tax on its
residents. Do you become a resident as soon as you validate your visa?
Suppose you validate your visa and then remain out of Australia for the
next 2 years. Does that mean you are required to pay Oz income tax
during those 2 years? (In addition to the income tax you have to pay on
where you are currently working).
residents. Do you become a resident as soon as you validate your visa?
Suppose you validate your visa and then remain out of Australia for the
next 2 years. Does that mean you are required to pay Oz income tax
during those 2 years? (In addition to the income tax you have to pay on
where you are currently working).
I am no expert on this, but as far as I know the tax has their own idea on residency which will be based on the time you are there in any tax year and if Oz is your home. You could well have a problem however if you go to Oz work for 2 months then come back 'home' for a year !
Regards,
Brian.
#3
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Australian Tax on Income
The factsheet called "Your Liability to Income Tax in Australia - Individuals" at this website might be of interest:
http://www.collettandco.com/factsheet.cfm
Best regards.
http://www.collettandco.com/factsheet.cfm
Best regards.
Originally Posted by Francis DS
According to what I read, Australia requires income tax on its
residents. Do you become a resident as soon as you validate your visa?
Suppose you validate your visa and then remain out of Australia for the
next 2 years. Does that mean you are required to pay Oz income tax
during those 2 years? (In addition to the income tax you have to pay on
where you are currently working).
residents. Do you become a resident as soon as you validate your visa?
Suppose you validate your visa and then remain out of Australia for the
next 2 years. Does that mean you are required to pay Oz income tax
during those 2 years? (In addition to the income tax you have to pay on
where you are currently working).