Taxpayer worked in UK. Foreign income tax offset rules 2020 states you need to use the gross income received.
What happens the the tax free threshold amount? In UK 12500.00 pound is tax free. For example taxpayers earns 70000.00 pounds if he or she lodges their tax return it will be 70000.00 less 12500.00 hence tax is paid on 57500.00 pounds
In calculating the Foreign Tax Offset in Australia which amount is used 70000.00 pounds or 57500.00 pounds. Can any give me anys ideas on this please.