Question
Tom is a citizen of France. He had grown up in his family home there and still had a room to return to. He had
During FY23, he had two different periods of employment, one in Sydney for three months and another in Melbourne for a period of four months. Wage payments were paid to his Australian bank. He also had $500 interest income, half paid by an Australian bank, and the other half paid by Bank of France for a three year term deposit he made a year before he arrived in Australia.
During FY24, he earned the same amount of wage income and interest income as FY23.
Tom is not sure about his residency status, and how he should be taxed in Australia in each year. Please advise.
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