Hi there, I'm currently on a student visa and about to complete a Master's program. I have a job lined up for next year but I'll be employed as a subcontractor. I'm planning to apply for either the Graduate Working Stream or Post-Study Working Visa under the 485 visa. I've researched and found that I can sign up for an ABN and have full working rights as a sole trader/subcontractor under those visas but I have to following questions:
- When would be the best time for me to apply for an ABN? While I'm still on my student visa, or once I've received the temporary working visa/bridging visa?
- If I apply for an ABN while I'm still on a student visa, am I still able to use the same one when I receive the temporary working visa/bridging visa?
- What tax rate will I be under when I get the temporary working visa/bridging visa? Foreign resident, or Australian resident for tax purposes? (Trying to figure out what my take-home pay will be here!)
Edit to add: I have been in Australia since March 2022, and have only left to visit my home country for 1 month in December 2022. I've stayed here ever since.
Thank you in advance for your help and feel free to link any articles that could point me in the right direction!