[NEWS] Tax and Super Win for Backpackers

Win for backpackers!

When: From January 2017

Who: Working holiday makers (visa subclasses 417 and 462)

What:

• The tax rate for backpackers will be reduced to 15%, down from the 19% announced in September

• Superannuation for backpackers will be taxed at 65% instead of 95% upon leaving the country

Backpackers are in short supply at the moment, so now is as good a time as any for backpackers to come to Australia!

For more information: http://www.afr.com/news/greens-deliver-government-win-on-backpacker-tax-20161201-gt1wo6