Get your backpacker tax return with BuddyHQ
Is Your Employer Backpacker Friendly?
Employers of working holiday makers will be required to undertake a simple, once-off registration with the ATO to be able to withhold tax at this new rate (i.e. 15%).
If your employer isn’t registered with the (ATO) as an “employer of working holidaymakers”, then 32.5% tax will be withheld from your pay instead of 15%.
Employers with offices in different regions may now retain a backpacker for a year, so long as the second six months is worked in a different place (previously, a backpacker can only stay six months with the same employer).
Fees & Taxes
Amended Tax Returns
Did you do your tax return yourself and now you owe the ATO money? We charge minimum fee of $250 or 11% + GST to fix your return.
Tax return service fee for Backpackers
There is a minimum fee of $120 + any disbursements.
• Minimum fee $120 from the refund.
• Refunds bigger than $1200 our fee is 11% from the refund.
$30 to get your PAYG summary/final payslips for you.
$55 for international bank transfers.
What tax changes for backpackers since 1st Jan 2017?
If you’re on either a 417 working holiday visa or a 462 work and holiday visa the changes affecting, you are as follows:
- – Income will be taxed at 15%, down from 32.5%
- – Superannuation refunds taxed at 65%, up from 38%
When can I apply for my tax return?
At the end of the financial year which is after 30 June or when you finish working in Australia it’s time to get your tax return!