Individual Tax Return
Are You Studying in Australia for Six Months or More?
If you’re enrolled in a course in Australia that runs for six months or longer, you will generally be considered an Australian resident for tax purposes.
What This Means for You:
- You will pay tax on the income you earn in Australia
- Your tax rate will be the same as Australian residents
- You may be entitled to benefits under the Australian tax system, such as:
- A tax-free threshold (depending on your stay within the financial year)
- Tax offsets
- Lower tax rates than foreign residents
Understanding Individual Tax Returns in Australia
As an international student, it is important to understand your tax obligations:
- If you are a temporary resident, most foreign income is not taxable in Australia.
- You are only required to declare:
- Income earned within Australia
- Any income from employment or services performed overseas while residing in Australia
When preparing your tax return, you’ll need to include all income sources and any eligible deductions. The Australian Taxation Office (ATO) will assess this information to determine whether you are due for a refund or need to pay additional tax.
The impact of COVID-19 on your income may also influence your deductions and entitlements.
Why Choose Skyline Migrationz for Your Tax Return?
At Skyline Migrationz, our tax services are led by a Registered Tax Agent with years of experience. Here’s what you can expect:
- Careful review of all your income and expense documents
- Accurate lodgement of your application with the ATO
- A Same-Day Lodgement promise
- Highly rated support and service