Tax rate for Seasonal Worker Programme

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Tax rate for Seasonal Worker Programme

Working Holiday Makers are taxed at 15% up to $37,000 when the rate automatically changes to 32.5%.

Workers employed under the Seasonal Worker Programme are taxed at a flat rate of 15%.

Workers under this scheme are here for 9 month contracts so wages will exceed the $37,000 threshold and MYOB tax rate has changed to 32.5%. I now have to manually calculate tax for a dozen employees for the next few months.

I imagine other employers may come up against this where because of COVID19, some SWP visas will be extended.

Can MYOB create this additional 15% flat rate tax table for the Seasonal Worker Programme? The ATO seemed to think this should be the case.

 

 

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