How do I claim exempt foreign employment income
Complete the following fields in the item 20 worksheet:
- Details of the foreign source income
- Country
- Exempt foreign employment income
- Exempt foreign income tax paid
- During the year did taxpayer own, or have an interest in, assets located outside Australia which had a total value of AUD$50,000 or more?
As per ATO's instructions and worksheet, exempt foreign employment income is not added to the assessable foreign source income (label E).