Forum Replies Created
Hi Jean,
The Statement of Earnings is issued by the tax office annually. However, he can get a transaction history of his Salary and taxes paid on his Salary (in PNG) from his company's HR or payroll division to suit the Australian tax period.
Cheers
StormHi JPS
In PNG, Salary and Wages returns for employees is submitted by the employer through a ‘group tax return’. The employee would receive (after the Group Tax Return has been accepted by the tax office) a Statement of Earnings for the tax year (ending 31 Dec) which shows the salary earned and taxes paid. No individual tax returns are required if the only means of income is through paid employment.
When your husband lodges the tax return in Australia for the Australian tax year, he would declare his PNG income as well as the tax paid on that income, and would be able to claim all allowable deductions in Australia including depreciation on the investment property.
The tax paid in PNG is applied based on benefits received in country and does not take into account any transactions out of PNG.
Hope that helps.
Cheers
Storm
Port Moresby, PNG