bholdt Posted July 26, 2019 Report Share Posted July 26, 2019 (edited) Hi all we have been living in Australia for 5 years as tax residents now. This year we financially emigrated to Australia and as part of the process withdrew all our pension funds and transferred them to our Australian Bank account. We paid tax on that in South Africa when we withdrew the funds. With regards to the ATO, is anyone familiar what we need to declare? There are options to declare any foreign income. Is this considered foreign income? If yes, is this is the whole lump sum, or the delta of the cash value of those funds from five years ago until now. Any help would be appreciated. Thanks Edited July 26, 2019 by bholdt Quote Link to comment Share on other sites More sharing options...
XXXXX Posted July 27, 2019 Report Share Posted July 27, 2019 See here. https://www.ato.gov.au/Individuals/Super/In-detail/Withdrawing-and-using-your-super/Super-lump-sums-from-a-foreign-super-fund/ Quote Link to comment Share on other sites More sharing options...
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