Tax Rules for Working Holiday Makers

Are you an employer of a Working Holiday Maker (visa subclass 417 or 462 holders)? If so, the way that you withhold tax has changed from 1st January 2017, and you have to register with the ATO. For more information, go to https://www.ato.gov.au/business/registration/work-out-which-registrations-you-need/taxation-registrations/employer-registration–working-holiday-makers/

The tax rate for Working holiday makers is now 15%.