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Changes to the WHV from Jan 1 2017

  • 27-09-2016 10:45am
    #1
    Closed Accounts Posts: 5,092 ✭✭✭


    Looks like the proposed 32% tax rate has been cut to 18%. Super though is going to get gouged at 95%, was it always that high?
    http://www.bbc.co.uk/news/business-3748267


Comments

  • Registered Users, Registered Users 2 Posts: 165 ✭✭stickman1019


    Generally for Tax Residents Its taxed at 15% unless you are a high earner ie (super contributions of over 30k a year) then you are looking at 30%


  • Registered Users, Registered Users 2 Posts: 4,435 ✭✭✭mandrake04


    It's now 19% from the 1st $ and the tax free threshold is gone. Effective tax is around 25%

    Super is 95% tax if claimed before maturity, before it was 35% with exception to Pacific Islander seasonal workers was 15%


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