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How much should employer taxing 417 visa worker

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Hi, 

I was wondering if someone can help........

Our company is planning to hire a  working holiday maker to fill in a short term position. As we know WHM is taxing 15% for annual earning under $37,000 and 32.5% when earning above $37,000. The employee has verbally advised that he has two different jobs previous (same financial year)  but YTD income should be still under $37,000.

Does the employee(WHM) need to declare his YTD income? how can employer to determine which tax rate is applied to the WHM?

 

Regards,

June

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Hi @juneinbme

 

Welcome to our Community!

 

An employer who is employing or plans to employ a WHM (visa 417 or 462), can register with us as an employer of WHM before any payments have been made to withhold 15 %tax from the first dollar they earn up to $37,000. If the employer doesn't register, they need to withhold 32.5% from the first dollar earnt. 

 

The WHM doesn't need to declare their YTD income to the employer, as the employer is required to withhold tax based on information they have provided in their TFN decalaration form. As a WHM, they need to advise they are a working holiday maker at Q7 and answer 'No' at Q8 to claim the tax-free threshold. 

 

You can find more information for employers of working holiday makers and use the tax tables for working holiday makers to help work out how much tax to withhold from payments on our website, or you can phone us on 13 28 61 between 8am - 6pm, Monday to Friday to speak with an operator. 

 

Thanks, JodieH. 

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Hi @juneinbme

 

Welcome to our Community!

 

An employer who is employing or plans to employ a WHM (visa 417 or 462), can register with us as an employer of WHM before any payments have been made to withhold 15 %tax from the first dollar they earn up to $37,000. If the employer doesn't register, they need to withhold 32.5% from the first dollar earnt. 

 

The WHM doesn't need to declare their YTD income to the employer, as the employer is required to withhold tax based on information they have provided in their TFN decalaration form. As a WHM, they need to advise they are a working holiday maker at Q7 and answer 'No' at Q8 to claim the tax-free threshold. 

 

You can find more information for employers of working holiday makers and use the tax tables for working holiday makers to help work out how much tax to withhold from payments on our website, or you can phone us on 13 28 61 between 8am - 6pm, Monday to Friday to speak with an operator. 

 

Thanks, JodieH. 

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