Under the responsible budget regime of the government which became law on 1 January 2017, backpackers are taxed at 15% for earnings of up to $37,000 with the balance taxed at ordinary rates. This tax rate is applicable for people who hold either a working holiday visa subclass 417 and 462.Read More

Single touch payroll (STP) is an initiative by the Australian government which requires all employers to report their employees’ payroll information electronically to the ATO portal for each payroll cycle, whether this be weekly, fortnightly or monthly.Read More