| Sorting out your tax file number is one of the
first things you will need to do before you start working in
Australia, as most employers require that you provide them with
your Australian tax file number before you start work. If you
don't, you may be paying more tax than necessary. As long as
you have a tax file number, your wages will be taxed at the
much lower rate (29%). If you start work before you get one,
don't worry - you have 28 days in which to obtain it.
Obtaining an Australian tax file number isn't difficult.
You need to go to the Australian Taxation Office (ATO) (which
can be found in all the major cities) and complete the relevant
forms, you will also be required to produce a current form
of identification. i.e. Passport, driving licence.
You can sort out your tax file number before you leave home,
giving you one less thing to do once you reach Australia.
When applying for your tax file number online, the tax file
registration system will then compare your details with those
which are held on the DIMIA systems (from your working holiday
visa application).
To apply for a Tax file number online:
http://iar.ato.gov.au/iarweb/default.aspx?pid=4&sid=1&outcome=1
Australian Taxation Office website.
www.ato.gov.au.
Tax Returns/Rebates
Once you hold a valid WHV and a Australian address you can
apply for a Tax file number at the Australian Taxation offices
website, (www.ato.gov.au). The Australian financial year ends
on the 30 June, You will need to complete a Tax return, it's
worth doing as you can usually get some of the tax refunded.
The Australian Tax system is more complicated than back home,
so it can be worth paying an accountant to return your forms
for you. This usually cost around $120-150 (£50-£60)
but often they are able to get you are much greater rebate.
You will be able to find an accountant in any major city
in Australia, and they will continue with your claim even
after you have left the country.
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