LukeE
G'Day, I have recently relocated from Australia to Indonesia as have a full time job here. Except for a bank account and investment account I don't have a footprint or family in Australia. Therefore, according to the ATO I'm considered a non-resident for tax purposes. The Indonesian company that I'm working for allows expats to receive salary into their Indonesian account as well as their overseas account.
Id would like the larger portion of my salary (after tax) to be paid into my Australian bank account. This will occur monthly so it will be noticed. Two questions:
1. Should I inform the bank that I will have regular deposits entering my account?
2. Are there any tax implications I should be aware of?
Thanking you in advance.
Regards
Luke
