Australia taxation GST

In Australia the financial year runs from the 1st July until the 30th June.

At the end of the year all Australian Tax payers must complete a Tax Return. This can be done online or you can use a Tax consultant to do this for you. All returns must be completed no later that the 31st October of that year.

Income tax taxation has different levels and the levels are set out depending on income.

Tax level chart

Taxable income
Tax on this income
$0 – $6,000 Nil
$6,001 – $34,000 15c for each $1 over $6,000
$34,001 – $80,000 $3,600 plus 30c for each $1 over $34,001
$80,001 – $180,000 $17,100 plus 40c for each $1 over $80,001
$180,001 + $47,100 plus 45c for each $1 over $180,001

When you arrive in Perth you will have to apply for a Tax File Number if you are planning to work.

A Tax File Number (TFN) is a unique number issued to you by the Australian Taxation Office to help the Tax Office administer tax and other Australian Government systems. It is one of your most important forms of identification in Australia.

There are many other Tax scenarios and each one will differ depending on your personnel circumstances.

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