Bridging visa holder - foreign or OZ resident?

[Miss Swan]

I am holding a Bridging Visa A with work rights approved (yay!) but now my question is am I a foreign resident or considered an OZ resident? The reason I ask because there's a huge and eye-popping difference in tax rates at the lower tier.

[Guest GeorgeD]

Visa residency and tax residency are two different things...

 

From http://www.ato.gov.au/individuals/content.aspx?doc=/content/33860.htm

[TABLE]

[TR]

[TD=class: PlaceUnderline]

[TABLE=width: 100%]

[TR]

[TD]Am

I an Australian resident for tax purposes?

 

[/TD]

[/TR]

[/TABLE]

[/TD]

[TD=class: PlaceUnderline, width: 15][/TD]

[TD=class: PlaceUnderline, width: 175]

 

 

 

[TABLE=align: left]

[TR]

[TD][/TD]

[TD=width: 20]

[/TD]

[TD=width: 17]

[/TD]

[TD=width: 20]

[/TD]

[TD=width: 17]

[/TD]

[TD=width: 16]

[/TD]

[TD=width: 17]

[/TD]

[TD=width: 16]

[/TD]

[TD=width: 16][/TD]

[TD=width: 17][/TD]

[TD=width: 16][/TD]

[TD=width: 47][/TD]

[/TR]

[/TABLE]

[/TD]

[/TR]

[TR]

[TD][/TD]

[/TR]

[/TABLE]

[TABLE=width: 100%]

[TR]

[TD=width: 100%, align: center]

[TABLE=width: 995, align: center]

[TR]

[TD=width: 925]

[TABLE=width: 928]

[TR]

[TD]

[TABLE]

[TR]

[TD]

[TABLE]

[TR]

[TD]

[TABLE=width: 100%]

[TR]

[TD=class: ContentUL]

Generally, we consider you to be an Australian resident for tax purposes if

you:

 

 

 

• have always lived in Australia or you have come to Australia to live
  permanently
  
• you have been in Australia continuously for six months or more, and for most
  of that time you worked in the one job and lived at the same place
  
• have been in Australia for more than six months of the income year (unless
  your usual home is overseas and you do not intend to live in Australia - for
  example, you are a working holiday maker)
  
• you go overseas temporarily and you do not set up a permanent home in
  another country, or
  
• are an overseas student enrolled in a course of study for more than six
  months duration.
  

 

 

The tax rates that apply to your taxable income depend on whether or not you

are an Australian resident. A higher rate of tax is applied to a foreign

resident's taxable income. Foreign residents are not entitled to a tax-free

threshold.

 

The standards we use to determine your residency status are not the same as

those used by the Department of Immigration and Citizenship.[/TD]

[/TR]

[/TABLE]

[/TD]

[/TR]

[/TABLE]

 

[/TD]

[/TR]

[/TABLE]

[/TD]

[/TR]

[/TABLE]

[/TD]

[/TR]

[/TABLE]

[/TD]

[/TR]

[/TABLE]

Edited November 5, 2012 by GeorgeD

[Miss Swan]

Thanks GeorgeD! It's strange, when I tried to Google for information, this page didn't come up. Maybe I wasn't typing in the right key words