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Jonathan is a Professor at the University of England. He comes to Australia under a contract to work for five months on a research project. He is single. Although he intends to leave after five months, he takes on a six month lease for a small furnished flat near work. He also buys an old car. He spends time outside of work playing sports having joined the local rugby league club and tennis clubs. He often writes letters to everyone back in England. Jonathan intends to return to England at the end of the of project. The project extends and lasts for seven months, so he negotiates an extra month on his flat's lease. Apart from depositing his salary into an Australian bank account to cover living expenses, Jonathan retains all assets and investments in England. Is Jonathan an Australian resident for tax purposes?
Financial Statement Analysis and Preparation
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