Hello team,
I recently moved to Melbourne as a permanent resident. Given this is a PR, my tax residency will be AUS.
I wanted to suggest my employer in India to put me on a contract and employ me remotely. Because I will be paid my wages in India (but hopefully deposited in my bank a/c here in AUD) and because of the DTAA between AUS and IND, I will be paying my taxes in India. My understanding is that then while filing my taxes here in AUS, I have to declare the foreign income and the taxes paid to avoid paying taxes again.
My question is, as part of my wages, the social security payments will continue in India. Is that okay? Or does the employer have to deposit it in a super fund here?
Also, when I approach my employer on this, other than getting the tax residency certificate from ATO, is there any notifications I should make to any agency in AUS so that I can execute this contract with my Indian employer?
Much thanks
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