WHV and TAX
#1
BE Enthusiast
Thread Starter
Joined: Sep 2005
Location: USA
Posts: 766
WHV and TAX
Hi folks,
I was wondering if anyone knows how I would get taxed in WHV.
Thank you for any comment,
I was wondering if anyone knows how I would get taxed in WHV.
Thank you for any comment,
#2
Master of verbal pish©
Joined: Feb 2004
Posts: 22,198
Re: WHV and TAX
Originally Posted by Barbitana
Hi folks,
I was wondering if anyone knows how I would get taxed in WHV.
Thank you for any comment,
I was wondering if anyone knows how I would get taxed in WHV.
Thank you for any comment,
#3
Rocket Scientist
Joined: Aug 2003
Location: Dreamland AKA Brisbane which is a different country to the UK
Posts: 6,911
Re: WHV and TAX
Originally Posted by soapy
i think its a visitors tax. a bit more than someone who has PR
Check out www.ato.gov.au for rates etc .
#4
Master of verbal pish©
Joined: Feb 2004
Posts: 22,198
Re: WHV and TAX
Originally Posted by MrsDagboy
Just because you are on a WHV doesnt mean you should be taxed at a higher rate. You are still classified as resident for tax purposes, so your basic rate of tax should be the same as someone on PR etc.
Check out www.ato.gov.au for rates etc .
Check out www.ato.gov.au for rates etc .
its a bit strange though. when our son got his PR his tax rate changed though. i think i better look into this
#5
Re: WHV and TAX
I seem to remember that whilst WHV holders pay the same rates (%) of Tax as anyone else, they're not entitled to the tax-free threshold so pay tax on their whole earnings.
Certainly used to be the case a couple of years ago - may have changed since then.
Certainly used to be the case a couple of years ago - may have changed since then.
#6
Guest
Posts: n/a
Re: WHV and TAX
If you are visiting Australia for more than six months and for most of that time work in the one job and live at the same place you are generally an Australian resident for tax purposes.
Tax rates 2005-06
Taxable income : Tax on this income
$0 – $6,000 : Nil
$6,001 – $21,600 : 15c for each $1 over $6,000
$21,601 – $63,000 : $2,340 plus 30c for each $1 over $21,600
$63,001 – $95,000 : $14,760 plus 42c for each $1 over $63,000
Over $95,000 : $28,200 plus 47c for each $1 over $95,000
Plus the basic Medicare levy of 1.5%
If you are holidaying in Australia, or are visiting for less than six months you are generally NOT an Australian resident for tax purposes.
If you are a non-resident for the full year, the following rates apply:
Tax rates 2005-06
Taxable income : Tax on this income
$0 – $21,600 : 29c for each $1
$21,601 – $63,000 : $6,264 plus 30c for each $1 over $21,600
$63,001 – $95,000 : $18,684 plus 42c for each $1 over $63,000
Over $95,000 : $32,124 plus 47c for each $1 over $95,000
Non-residents are not required to pay the Medicare levy.
Tax rates 2005-06
Taxable income : Tax on this income
$0 – $6,000 : Nil
$6,001 – $21,600 : 15c for each $1 over $6,000
$21,601 – $63,000 : $2,340 plus 30c for each $1 over $21,600
$63,001 – $95,000 : $14,760 plus 42c for each $1 over $63,000
Over $95,000 : $28,200 plus 47c for each $1 over $95,000
Plus the basic Medicare levy of 1.5%
If you are holidaying in Australia, or are visiting for less than six months you are generally NOT an Australian resident for tax purposes.
If you are a non-resident for the full year, the following rates apply:
Tax rates 2005-06
Taxable income : Tax on this income
$0 – $21,600 : 29c for each $1
$21,601 – $63,000 : $6,264 plus 30c for each $1 over $21,600
$63,001 – $95,000 : $18,684 plus 42c for each $1 over $63,000
Over $95,000 : $32,124 plus 47c for each $1 over $95,000
Non-residents are not required to pay the Medicare levy.
#7
Drunken Aussie
Joined: Jun 2003
Location: Brisvegas
Posts: 1,080
Re: WHV and TAX
as a WHV you are taxed at the non-resident rate, as you aren't allowed to work in the same job for more than 3 months, and you are classed as a holidaymaker anyway, as any work you do is supposed to be only to supplement your holiday.