Hello ATO,
I came on work permit visa (TSS-482) , on deputation to Australia couple of years back and now have resigned from my employer. Over my tenure in offshore, I had accrued Provident Fund and Gratuity (these are retirement benefits like super) , which remains with the employer till you are employed and credited to your offshore account only if you resign. My question is, do I need to mention this in my tax return in Australia? These components have been accrued over the years in the home country during employment, its just the credit has been done now as the resignation happened now.
I checked the below link as well :
You won't be a temporary resident if, at any time after 6 April 2006, you have been an Australian resident and:
- you didn't have a temporary visa
- either you and your spouse were Australian residents within the meaning of the Social Security Act 1991 (that is, are an Australian citizen or permanent resident or a protected Special Category visa holder from New Zealand).
If you are a temporary resident you only declare:
- income you derived in Australia
- capital gains on taxable Australian property
- in certain circumstances, income you earn from employment or services performed overseas while you are a temporary resident of Australia.
I'm certain that I don't satisfy the above Australia but the one in bold , does that qualify ?
Could you please confirm.
Thank you.
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