Backpacker tax tables from 1/1/17

Alison Maller
Alison Maller Member Posts: 2 Novice Member Novice Member
edited October 11 in Accounts Hosted
From 1 January 2017, the Government will set the tax rate applying to working holiday makers at 19% on earnings up to $37,000.
Just wondering if Reckon will have a way to choose certain employees as being backpackers and therefore using the different tax rates.

Comments

  • Donna Pinnell
    Donna Pinnell Member Posts: 26 Reckoner Reckoner
    edited April 2018
    I would also like to know the answer to that one.
    We employ a lot of backpackers in the season, and some only stay for a few days/weeks, some for longer periods.
    I am wondering if there will be a separate tax code to choose for backpackers, to make it a little easier.
    The idea of having to manually change every pay, every week, means errors creep in due to us having to change more things.
  • Rav
    Rav Administrator, Reckon Staff Posts: 16,608 Reckon Community Manager Community Manager
    edited February 2017
    Hi folks,

    I'm not certain that a specialised tax code will be added at this point, however you can complete the desired result by editing the tax information for the particular employee.

    Screenshot example below

    image
  • Donna Pinnell
    Donna Pinnell Member Posts: 26 Reckoner Reckoner
    edited April 2018
    Excellent! That works for me.  Thanks Rav.

  • Robyn Kelly (Partner)
    Robyn Kelly (Partner) Accredited Partner Posts: 498 Accredited Partner Accredited Partner
    edited September 2019

    Hi Alison; I'm not 100% sure but I don't think that legislation has actually been passed as yet?

    Regards, Robyn Kelly

  • Alison Maller
    Alison Maller Member Posts: 2 Novice Member Novice Member
    edited October 2016
    Thanks Robyn I believe you are correct that it still hasn't been legislated. However it has been approved by cabinet. http://sjm.ministers.treasury.gov.au/media-release/104-2016/

    Also thanks for the guidance Rav.

    Regards,

    Alison.
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