Working Holiday Makers Tax Rates 2024-25.
The tax rates for Working Holiday Maker visa holders, for the year starting from 1 July 2024, are shown below.
They apply for visa subclasses 417, 462 and 408.
These visa holders do NOT have a tax free threshold.
Taxable Income and Tax Rates for the 2024/25 year:
- $0 to $45,000 is taxed at 15%.
- $45,001 to $135,000 is taxed at $6,750 plus 30% of income over $45,000.
- $135,001 to $190,000 is taxed at $33,750 plus 37% of income over $135,000.
- $190,001 and over is taxed at $54,100 plus 45% of income over $190,000.
This schedule applies to payments to individuals – including backpackers – who are working in Australia and hold at the time of the payment either a:
-
- working holiday makers visa (subclass 417)
- work and holiday makers visa (subclass 462)
- bridging visa permitting the individual to work in Australia if:
-
- the bridging visa was granted under the Migration Act 1958 in relation to an application for a visa of a kind described in paragraph (a) or (b), and
- the Minister administering that Act is still to make a decision in relation to the application, and
- the most recent visa, other than a bridging visa, granted under that Act to the individual was a visa of a kind described in paragraph (a) or (b).
-
- COVID-19 pandemic event 408 visa, as defined by subclause 9204(1) of Schedule 13 to the Migration Regulations 1994.
Source: www.ato.gov.au
—
Working Holiday Makers Tax Rates 2023-24.
The tax rates for Working Holiday Maker visa holders, for the year starting from 1 July 2023, are shown below.
These visa holders do NOT have a tax free threshold.
Taxable Income and Tax Rates for the 2023/24 year:
- $0 to $45,000 is taxed at 15%.
- $45,001 to $120,000 is taxed at $6,750 plus 32.5% of income $45,000.
- $120,001 to $180,000 is taxed at $31,125 plus 37% of income over $120,000.
- $180,001 and over is taxed at $53,325 plus 45% of income over $180,000