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CFB Tax and Accounting in Port Macquarie, New South Wales | Tax preparation service



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CFB Tax and Accounting

Locality: Port Macquarie, New South Wales

Phone: +61 423 708 700



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22.01.2022 Do you employ or plan to employ working holiday makers with either a visa subclass 417 or 462? If you do, you must register as an employer of working holiday makers before making the first payment to them. If you register a withholding rate of 15% applies to the first $37,000 of working holiday makers income.with Foreign resident withholding tax rates applying to income over $37000. If you dont register, you must withhold tax at 32.5% of income earned up to $87,000 with Foreign resident withholding tax rates applying to income over $87000. Penalties may apply for failing to register. To register please click on the link. https://www.ato.gov.au/whmregistration/



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