Am I an Australian Resident for tax purposes?
Selfwealth can only support clients who are Australian residents for tax purposes. If you do not meet this requirement, you will not be eligible to open or maintain a Selfwealth trading account.
If you are unsure whether you qualify, the information below can help you determine your tax residency status.
Common criteria for Australian tax residency
The most common way to qualify as an Australian resident for tax purposes is:
You have resided or studied in Australia continuously for a minimum of 183 days (six months) in a tax year.
Even if you do not meet the above criteria, the ATO applies additional tests that may still determine you as an Australian tax resident. Use the ATO resources below to check your status.
Useful ATO resources
ATO — Your Tax Residency General information on determining your Australian tax residency status.
ATO — Are You a Tax Resident? A short interactive tool to help you assess whether you are an Australian tax resident.
Please note: Selfwealth cannot provide personal advice on your tax residency status. If you are unsure after reviewing the ATO resources above, we recommend consulting a registered tax professional.