Working holiday maker visa
From 1 January 2017, Working Holiday (417) and Work and Holiday (462) visa holders income tax rate will be 15% on income up to $37,000, with the balance of any additional income taxed at ordinary rates.
For more information please view the Australian Taxation Office website including:
The review background
A review of the Working Holiday Maker Visa was jointly announced in 2016 by the Deputy Prime Minister and Minister for Agriculture and Water Resources, the Hon Barnaby Joyce MP and the Assistant Minister to the Deputy Prime Minister, the Hon Luke Hartsuyker MP.
Deloitte Touche Tohmatsu was appointed to conduct independent stakeholder engagement as a dedicated input to the government’s review.
Deloitte conducted meetings in each state and territory, including with agriculture and tourism stakeholders.
Deloitte’s report on Independent stakeholder engagement on the Working Holiday Maker Visa Review was submitted to government in September 2016.
All submissions made during the review are available.