Hi all, looking for some guidance on my tax situation as it's a bit unusual.
My situation:
- I'm currently in Australia (arrived in late March)on a Working Holiday Visa
(subclass 417)
- I have a part-time employment contract with a Hong Kong company, working remotely 20 hours/week
- My salary is paid in HKD into a Hong Kong bank account by the HK employer, and I will still do taxes in Hong Kong
- I physically perform all the work from Australia
- The contract is governed by Hong Kong law, and surely the employer only acknowledges obligations under HK law
- The contract explicitly states I'm solely responsible for any overseas tax obligations
My questions:
- Since I'm a WHV holder (likely a foreign resident for tax purposes), does my HK-sourced employment income need to be declared to the ATO?
- Does it matter that I'm physically in Australia when doing the work, even though the employer and contract are entirely HK-based?
- Is there a difference between being classified as a "foreign resident" vs "temporary resident" for tax purposes, and which would apply to me?
- Where can I seek free professional tax legal advice in Melbourne?
Any guidance appreciated — happy to provide more details if needed. Thanks!