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Watch out for the Tax Man! Working in Australia you guide to Tax matters.

TIME : 2016/2/25 11:39:18

Watch out for the Tax Man! Working in Australia you guide to Tax matters.

by (www.ato.gov.au).

  • In the search box select individuals and in the for box type online TFN
  • From the results select online individual tax file number (NAT 4157)
  • select Apply for a tax file number.
  • If you don’t have Internet access call 132861 for other options.

    Most Working holiday makers are taxed as non-residents. However, if you are here on a slightly longer visa, or are sponsored you will need to decide if you are a resident for tax purposes. This has absolutely nothing to do with your actual immigration status. However, if you do qualify- you will be taxed at a lower rate.

    If you think you might be a Resident are unsure:

    • Go to www.ato.gov.au
    • In the search box choose All ATO(except legal database)
    • In the “For” box type resident.
    • From the results click on are you a resident?

    If you start work before giving your employer your TFN you have 28 days to give it to them. During this time you will be taxed at non-resident rates. If you have not given it to them at the end of 28 days- they will have to tax you at the maximum rate. ARG! NO!