If you’ve decided to come to Australia to work on a Work and Holiday visa, it’s important to understand how to pay your taxes based on the income you receive during the financial year. In this article, we’ll explain all the details.
Important: If you are from a country with a Non-Discrimination Article (NDA), you will be considered a resident for tax purposes instead of a Work and Holiday Maker. Countries that have an NDA include:
- Chile
- Finland
- Germany
- Israel
- Japan
- Norway
- Turkey
- United Kingdom
Once you’ve confirmed your status as a Work and Holiday Maker, the next step is to understand how your taxes are calculated. This will depend on the level of income you earn during the financial year.
Advice: If you are in Australia on a Work and Holiday Visa, it’s crucial to understand your tax obligations. Make sure you meet all the requirements and calculate your taxes correctly to avoid any unexpected debts when filing your Tax Return.
For any questions, don’t hesitate to contact us.
