Wednesday, 18 January 2017

WORKING HOLIDAY MAKER EMPLOYERS


If you are employing Working Holiday Makers (Visa Sub-Class 417 and 462), you should be aware of new reduced tax withholding rates that are applicable from 1 January 2017. Where an employer does not register with the ATO by 31 January 2017, employees will not be eligible for the reduced rates and will be taxed at 32.5%. In addition, you may be subject to penalties for failing to register. 

Please refer to the attached link for more in depth discussions on the above:
 

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