Call us today 02 4940 9400
Here is the latest information to support small business with government stimulus…
March 23, 2020
BUSINESS CONTINUITY PLAN
“Most people aim at nothing – and they hit it with alarming accuracy.”
March 20, 2020
Selling a property over $750k... You need to know this!
September 14, 2017
Super concessions for first home savers and down-sizers
August 22, 2017
Main residence exemption removed for non-residents
Who's on the ATO's hit list this year
August 10, 2017
Why 90,000 more businesses can access the $20k instant asset write-off this year
May 25, 2017
Budget 2017... attempt to please as many people as possible ...
May 10, 2017
How do I know if I need to pay Fringe Benefits Tax?
March 23, 2017
Do you employ Holiday Makers who hold 417 or 462 visas?
December 23, 2016
From 1 January 2017 tax rates are changing for working holiday makers who hold 417 and 462 visas. These rates are known as working holiday maker tax rates.
What you need to do
If you employ a working holiday maker who is in Australia on a 417 or 462 visa, they:
must register with us to withhold at the working holiday maker tax rate
You can visit border.gov.au/vevo to check a worker has a 417 or 462 visa using the Visa Entitlement Verification Online service
You must withhold tax at 15% on income up to $37,000 and apply foreign resident tax rates on income over $37,000.
What happens next
The working holiday tax rates only apply to income earned from 1 January 2017.
If you currently employ working holiday makers you will need to issue two payment summaries this year:
One for the period to 31 December 2016 a second for any period to 30 June 2017.
March 2020 (2)
September 2017 (1)
August 2017 (3)
May 2017 (2)
March 2017 (1)
December 2016 (1)
November 2016 (1)
August 2016 (1)
July 2016 (2)
June 2016 (2)
May 2016 (4)