Can I please receive clarification on this one? if an employer has registered themselves to employ working holiday makers. Is it correct that the pay is tax at on the 15% until they reach $45k - then if they do go over the $45k the tax rate table A is then used and only used? Therefore, the tax table A doesn't come into effect until after the $45k.
Hi @leannerest,
For most WHMs, it doesn't matter for tax purposes if you're an Australian or a foreign resident. It won't affect your tax rate.
Yes, if you're a WHM and your employer is a registered WHM employer, they will withhold tax at a rate of 15% for the first:
Higher rates of withholding will apply above these thresholds. For more information, see Tax rates – working holiday maker.
Hi @leannerest,
For most WHMs, it doesn't matter for tax purposes if you're an Australian or a foreign resident. It won't affect your tax rate.
Yes, if you're a WHM and your employer is a registered WHM employer, they will withhold tax at a rate of 15% for the first:
Higher rates of withholding will apply above these thresholds. For more information, see Tax rates – working holiday maker.
Just wanting to give an example - can you please confirm if this is correct?
WHM commenced work and was paid $1,956.52 a week for 23 weeks. They were taxed 15% on all pay.
On the 24th week they again were paid $1,956.52 but instead they were paid per table A as by week 23 they had hit the $45,000 threshold.
Thank you
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