Foreign Employment – assessable income paid to Payees, who are Australian tax residents, that is subject to tax in another country, for work performed in that country, if the qualification period is met
A Country code is required to be reported for this Income Type. The country code of the country where the work is performed (“host” country) must be reported for the qualifying period. Australia and its tax jurisdictions may not be reported: Australia (au), Norfolk Island (nf), Christmas Island (cx), Cocos Islands (cc) and Heard and McDonald Islands (hm).
If there is more than one country of foreign employment income for the financial year where the qualifying periods have been or will be met, report YTD amounts for each country discretely, to correctly assign income relevant to each host country. See Note below.
This Income Type should only be used where Foreign Tax is or will be paid on behalf of this Payee, otherwise use Salary and Wages. Any Foreign Tax should be reported as ForeignTaxPaidAmount. A ForeignTaxPaidAmount is required when doing the EOY Finalisation for this Payee.
In STP Creator, the above information is entered/selected on the Employment Details screen, accessible from the Payee Details screen. STP Creator will extract the details from the Employee's Card in MYOB and this can be used to pre-fill the selections. Also if changes are made to the Employee Card, you will be required to update the Employment Details screen to ensure it reflects the changes.
In STP Creator, the above information is entered/selected on the Employment Details screen, accessible from the Payee Details screen. .
Note: Only one Income Type and Country Code can be set for each Payee ID. If there was more than one country, create a new Payee ID and report the income etc from the other country under that Payee ID.