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Tazzle(Enthusiast)Enthusiast
26 Oct 2023

A while back, I was a temporary Australian resident who left right at the end of that tax year, but a bit of my salary was only paid at the start of the next tax year, when I believe I became a non-resident. Sadly, I assume that meant the final salary payment was subject to non-resident tax rates (due to having being a temporary resident before, though for a number of years). I also held ETFs/managed funds and want to know if is it possible to make deductions for fund management costs in that year I became a non-resident?

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WendyATO(Community Support)Community Support
30 Oct 2023

Hi @Tazzle,


There is no difference on what deduction a resident versus a non-resident can claim for their Australian source income.


So, if the income earnt from the ETFs/managed funds is Australian sourced then, you may be able to claim the management fees.


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Non-resident deductions for managed fund, ETF, shares with AU salary | ATO Community