Foreign income conversion calculator
The Foreign income conversion calculator will convert your foreign income into Australian dollars.
The calculator can use:
- the annual average rate of exchange for a range of countries, or
- the conversion rate you provide.
Please note that if you are not an Australian resident for tax purposes, you are not required to include non-Australian sourced income in your Australian tax return.
What this calculator does not cover
You should not use this calculator if:
Information you will need
- details of your foreign income.
Note: This calculator will give you an estimate only, based on the information you enter at the time.
This calculator does not determine your eligibility to a deduction.
The calculation will take between 2 to 5 minutes to complete.
This calculator will help you to convert foreign income into Australian dollars, using either a specific or an average rate of exchange for a range of countries.Last modified: 23 May 2016QC 16847