Tax in Australia
The self-employed pay their tax in arrears, whereas an employee’s income tax is deducted at source from his salary by his employer.
- The income tax year in Australia runs from 1st July to 30th June of the following year.
- Residents of Australia are taxed on their worldwide income and non-residents only on Australian income.
- You’re considered to be resident in Australia for tax purposes if any of the following applies:
- You normally reside in Australia.
- You’re domiciled in Australia and don’t have a permanent place of abode outside the country.
- You spend at least 183 days per financial year in Australia (unless you don’t intend to take up Australian residence and have a usual place of abode outside Australia).
