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    The Implementation Of The New Zealand Backpackers Tax Will Be Implemented Immediately.

    2016/11/17 22:41:00 46

    BackpackersTaxRules

    In view of the fact that the new backpacker tax will be formally implemented in January next year,

    Australia

    The Commissioner of Inland Revenue (ATO), Chris Jordan, explained the implementation details of the new Backpackers tax on the 16 day, and suggested that any backpackers who have doubts about the new backpacker tax can consult the Inland Revenue Department.

    The Australian forum reported that the new legislation on backpacker tax is now waiting for the approval of the Federal Parliament.

    According to the new tax law, the income of Backpackers is no longer entitled to the tax allowance of 18 thousand and 200 yuan (Australian dollar, the same below), while the income tax for the income below 37 thousand yuan is 19%, while the excess part is charged at the normal rate.

    It is reported that the federal government had hoped to raise the backpacker tax to 32.5%, but finally decided to cut it to 19%, making it closer to other countries such as New Zealand.

    However, in

    New Backpackers tax

    It raised concerns about the possibility of combating Backpackers' enthusiasm for work, and many backpackers were baffled by the implementation details of the new Backpackers tax.

    To this end, the Commissioner of Taxation explained some of the provisions of the new backpacker tax.

    He said that the tax payment of backpackers depends on their residence status in Australia, and tax officials will consider the actual situation of backpackers to determine the specific amount of tax payment.

    He explained, "in fact, most Backpackers are temporary workers. They do not stay in one place for a long time, so they do not enjoy resident status during their work in Australia.

    Therefore, as a non taxable resident, only the income obtained in Australia will be taxed, and this part of the income needs.

    pay taxes

    "

    In addition, Jordan also pointed out that all backpackers who are baffled by the new backpacker tax can consult with the Australian Tax Bureau, while Backpackers working in Australia will be regarded as non taxable residents.

    "We will help Backpackers understand Australia's current self assessment tax system so that they can correctly inform their employers about their residence status, so that they can calculate the tax amount reasonably."

    He said: "we will also make efforts to ensure that Backpackers can declare their taxes properly, such as working with tax authorities to ensure that the taxation practices of these institutions are in line with the provisions of the Australian tax authorities, as well as the supervision of tax returns on backpackers."

    In addition, as for the identity of backpackers in Australia, Jordan said that the standard of residence status depending on personal circumstances is applicable to all backpackers.

    For example, he said that if Backpackers belonged to Australian tax residents, their income from all sources, including those outside Australia, would be taxed.

    However, the Australian Federation of trade and industry (ACCI) does not agree that most Backpackers are non taxable residents.

    According to the income tax data from 2013 to 2014, the number of non taxable residents aged between 18 and 30 was only 11 thousand and 500, accounting for 4.8% of the 457 visa holders in that year.

    Pearson, chief executive of the agency, pointed out that "unless the Australian tax bureau can produce updated data, it can not be asserted that most of the backpackers are non taxable residents" James Pearson.


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