Update on the update on the ‘Backpacker Tax’

Update on the update on the ‘Backpacker Tax’

So we have now an update on the update about the proposed Australian Federal Government’s ‘Backpacker Tax’. You will remember that there was to be a proposal that working holiday makers working in Australia would not benefit from having a tax free threshold, meaning that tax would be required to be paid on every dollar earned and not just once a certain level had been reached. Then this was amended, to delay its implementation to January 2017.

As of 27 September 2016, the Australian Federal Government announced major modifications and concessions to the proposed legislation, once again being effective from 1 January 2017. Whilst it hasn’t passed through the Australian parliament at the time of writing, the proposed changes appear to have the support to be passed into law.

Working Holiday Makers to be taxed at least 32.5% from 1 July 2016

Update on ‘Backpacker Tax’ 17 May 2016

Backtrack on Backpacker Tax



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