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  • doradevi
  • Adventurer

    • 28

    • February 28, 2017, 01:04:59 pm
Tax Return - Australia
« on: July 20, 2017, 10:52:10 am »
Hi guys

I'm currently in the process of doing my tax return . 

Since I worked last year (July 16 - Dec) I was hoping to get at least SOMETHING back, but it seems the estimate of my tax return is a lot lower than expected. Could this be due to not paying tax in Korea? I'm so bummed because I was hoping to use that money for my holiday. :(





Re: Tax Return - Australia
« Reply #1 on: July 20, 2017, 11:41:47 am »
You'll need to clarify a few things there...

Are you talking about your Korean tax return or Australian?

Did you work in Australia or Korea for the dates listed?

If you worked in Australia did you PAYG tax on those earnings?

You're paying not Korean tax on Korean earnings? Then as you know Australians have two years tax-free eligibility? (although if you have that Australia may want you to pay on it if you are classed as an Aussie resident for tax purposes.)

I hate tax.


  • doradevi
  • Adventurer

    • 28

    • February 28, 2017, 01:04:59 pm
Re: Tax Return - Australia
« Reply #2 on: July 20, 2017, 01:00:17 pm »
I earned in Australia July 16 - Dec 16. I'm referring to Australian tax. I did pay PAYG tax.


Now that I am working in Korea and not paying any tax (Korean tax), has this effected my Australian tax return? I have given my 'Certificate of Residency' to my tax accountant (In Australia) and I have been taxed heavily. :(

I hate tax too





Re: Tax Return - Australia
« Reply #3 on: July 20, 2017, 01:08:17 pm »
Yeh, Australia will sting you for the tax on your Korean earnings too.  There is an agreement to not take tax twice on the same money, but because you're not paying Korean tax, that means your money is taxed by Australia instead.  So while normally you should have gotten a refund, you're being taxed on the Korean money, cancelling that refund out.

A few years ago I got an Australian accountant to do my tax return for me, I didn't think I would pay tax in Australia for Korean wages.  She told me I had to.  My situation was a lot like yours, with half a year worked in Australia.  I got a tiny return the first tax return and ended up with a huge tax bill my first full year here. 

I should say that I still disagree with her assessment, and I'm going to look into it again when I have some free time and the patience to look around the ATO site for information. Maybe I can have it re-assessed.  Point being, get a professional to look at it if you're concerned.


I'm no accountant though, and I still hate tax. 
« Last Edit: July 20, 2017, 01:15:28 pm by welcomebackkotter »


  • doradevi
  • Adventurer

    • 28

    • February 28, 2017, 01:04:59 pm
Re: Tax Return - Australia
« Reply #4 on: July 20, 2017, 01:21:27 pm »
Yeh, Australia will sting you for the tax on your Korean earnings too.  There is an agreement to not take tax twice on the same money, but because you're not paying Korean tax, that means your money is taxed by Australia instead.  So while normally you should have gotten a refund, you're being taxed on the Korean money, cancelling that refund out.

A few years ago I got an Australian accountant to do my tax return for me, I didn't think I would pay tax in Australia for Korean wages.  She told me I had to.  My situation was a lot like yours, with half a year worked in Australia.  I got a tiny return the first tax return and ended up with a huge tax bill my first full year here. 

I should say that I still disagree with her assessment, and I'm going to look into it again when I have some free time and the patience to look around the ATO site for information. Maybe I can have it re-assessed.  Point being, get a professional to look at it if you're concerned.


I'm no accountant though, and I still hate tax.

Thanks for your help. *Sigh* I was hoping to get a good tax return. I bet if I was a millionaire, I would get tax breaks left, right and centre lol.

I also realized that I had reported the wrong monthly earnings in Korea. Fingers crossed that it will be fixed.