MarkRBunting

By MarkRBunting

What does this mean?

I was asked to fill in paperwork for tomorrow. Although reading through, I was finding it hard to grasp one of the questions. It was about being taxable as a Australian Resident.

Since I'm on a visa, technically I'm not a resident but by working "x" number of months within their financial year (July to June, unlike UK's April to March) I can put down to pay tax the same rate as a resident. Which is nice since if not the rate is 29% which is much higher and I'd loose out on quite a bit of income.

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