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  • 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.

    To understand your tax situation you will need to work out if you are an Australian or foreign resident for tax purposes.

    Note: If you have a Higher Education Loan Program (HELP) or Trade Support Loan (TSL) debt you need to:

    • report the income you earned outside of Australia, even if you are not an Australian resident for tax purposes
    • use the annual average rate of exchange for the Australian income year. If your currency is not listed in the calculator, you may use another exchange rate, for example from a bank. 

    For more information, see HELP and TSL overseas obligations.

    What this calculator doesn't cover

    Don't use this calculator if:

    However, you can still use this calculator if you are an Australian non-resident for tax purposes and have a HELP or TSL debt and earning foreign income.

    Information you will need

    • Details of your foreign income.


    All outcomes provided by this calculator are based on the information you provide at the time of calculation. You should use the outcomes as an estimate and for guidance purposes only.

    This calculator does not determine your eligibility to a deduction.

    Next step:

    Last modified: 25 Jul 2019QC 16847