True Blue Migration Agents Blog

Backpacker Tax Could Have ‘Disastrous Consequences’

True Blue Migration Services has welcomed the Government’s decision to review its ‘backpacker tax’ plans. Background The federal budget last year announced the Government’s intention to stop people on Working Holiday Visas from accessing the tax-free threshold of $18,200 as of July 2016. If changes go ahead, backpackers will be taxed at 32.5% from the first cent earned. The proposal triggered outrage from the agricultural and hospitality sectors, with industry leaders claiming the change will lead to labour shortages. A possible U-turn was signalled last week with the announcement of a review headed by Tourism Minister Senator Richard Colbeck. Mr […]

Read More...

Working Holiday Visa – Tax Time Bomb

Australian tax reforms mean you’re going to lose A LOT of money… For many young people, the Australian Working Holiday Visa is a rite of passage. It’s an opportunity to venture out into the world and earn a few bob whilst soaking up the sun and meeting new people. Some people return home, some apply for a second Working Holiday Visa and some are offered sponsorship by an Australian employer. One thing that most Working Holiday Makers have in common – until now – is benefiting from a generous annual tax-free threshold of $18,200. But all that’s about to change… […]

Read More...

Newer Entries >