Working Holiday Maker Tax 2017
The Australian Tax Office ATO introduced a new tax, called working holiday maker tax, effective since 1st January 2017:
The working holiday maker tax rate is different to the tax rate for Australian residents.
The working holiday maker tax rate is 15% until you earn $37,000.
Australian resident taxpayers get the first $18,200 tax free (known as the tax free threshold), and then pay 19% until they earn $37,000.
We are currently implementing JDE Payroll E 9.2.0 and this is not currently available. What can we do to have Oracle complying with this legislated requirement?
0