Have I got this correct please re LAFHA?
#1
Have I got this correct please re LAFHA?
I know its another LAFHA question (and I have searched so apologies if I've missed the answer)... but have I got this right please?
I'm just trying to work out how to calculate the LAFHA allowance available??
Have I got it right that when LAFHA is taken off your gross salary, the remaining gross salary mustn't be below the minimum wage that the ATO/Gov say is required for the 457 visa???
eg. Say for arguments sake your gross salary was $50,000 + super, I assume your gross salary would be considered $50k NOT $54500 (basic + super)????? Is that correct?
Then...
If the minimum salary outlined for 457 as stated by Gov is $45,220 (or thereabouts)...
Max available to offset to LAFHA is :-
Basic GP ($50K) - min wage ($45220) = a max amount claimable for LAFHA of $4780per annum.??
So LAFHA = $4780 PA on $50k gross
= $14780 PA on $60k gross
= $24780 PA on $70k gross and so on (whilst remaining within the limitations)
Have I got that right???
Also if the OH works too can they claim LAFHA?
Thanks
I'm just trying to work out how to calculate the LAFHA allowance available??
Have I got it right that when LAFHA is taken off your gross salary, the remaining gross salary mustn't be below the minimum wage that the ATO/Gov say is required for the 457 visa???
eg. Say for arguments sake your gross salary was $50,000 + super, I assume your gross salary would be considered $50k NOT $54500 (basic + super)????? Is that correct?
Then...
If the minimum salary outlined for 457 as stated by Gov is $45,220 (or thereabouts)...
Max available to offset to LAFHA is :-
Basic GP ($50K) - min wage ($45220) = a max amount claimable for LAFHA of $4780per annum.??
So LAFHA = $4780 PA on $50k gross
= $14780 PA on $60k gross
= $24780 PA on $70k gross and so on (whilst remaining within the limitations)
Have I got that right???
Also if the OH works too can they claim LAFHA?
Thanks
#2
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Have I got this correct please re LAFHA?
First things first ... has your 457 visa been granted?
Are you aware of the new market salary provisions:
http://www.immi.gov.au/skilled/whats_new_457.htm#a ?
Best regards.
Are you aware of the new market salary provisions:
http://www.immi.gov.au/skilled/whats_new_457.htm#a ?
Best regards.
#3
Re: Have I got this correct please re LAFHA?
No
Yes - this is where I found the min salary of £45,220.
One other thing... it says that I should be exempt from the IELTS (although I have read the opposite somewhere) because we are UK passport holders - and under the MSL that says
whereas I think we would fall in the $45220 bracket.
Now I'm confused!
Are you aware of the new market salary provisions:
http://www.immi.gov.au/skilled/whats_new_457.htm#a ?
Best regards.
http://www.immi.gov.au/skilled/whats_new_457.htm#a ?
Best regards.
One other thing... it says that I should be exempt from the IELTS (although I have read the opposite somewhere) because we are UK passport holders - and under the MSL that says
$81 040 for Subclass 457 visa holders who benefit from the English language exemption
Now I'm confused!
Last edited by ukmouse; Nov 23rd 2009 at 6:58 am.
#4
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Have I got this correct please re LAFHA?
$45,220 is only the minimum salary threshold - employers must now address the market salary requirements too.
Best regards.
Best regards.
#5
Re: Have I got this correct please re LAFHA?
Thank for your reply. I suppose what my question is, is can you put through a LAFHA amount that when deducted from your gross salary, the final figure is below the minimum gross salary allowed.
eg.
Salary $50k
LAFHA $10K
New gross salary is $40k and therefore BELOW the allowed gross salary threshold.
Thanks