News

The Turnbull government has cut back the controversial ‘backpacker tax’

Treasurer Scott Morrison will reduce the $500 million “backpacker tax” his predecessor Joe Hockey announced in the 2015 Budget. The Hockey plan had backpackers paying 32.5% on every dollar they earned, without the usual $18,200 tax-free threshold. Under Morrison’s new regime, approved by Cabinet today, the rate will be reduced […]
The Turnbull government has cut back the controversial ‘backpacker tax’
News

Joe Hockey’s $500 million ‘backpacker tax’ is up for review

One of the more controversial aspects of former treasurer Joe Hockey’s 2015 Budget, the so-called “backpacker tax”, which planned to tax foreigners on a working holiday visa 32.5% on every dollar they earn, is being reviewed by the federal government. In was the third major announcement today by the Turnbull […]
Joe Hockey’s $500 million ‘backpacker tax’ is up for review