Document ID: chunk:federal_register_of_legislation:F2024L00664:schedule:15:p4
Version: federal_register_of_legislation:F2024L00664
Segment Type: schedule
Provision Reference: sch 15 (pt 4/5)
Character Range: 310255–313035

rates and formula are rounded to the nearest dollar. Values ending in 50 cents and higher are rounded to the next higher dollar. Do this rounding directly – that is, do not make a preliminary rounding to the nearest cent.

Where withholding is calculated on the top marginal rate of tax or when no TFN is provided, ignore cents in the withholding result.

Software

Payroll or accounting software written in accordance with the formulas in this schedule should be tested for accuracy against the Working holiday makers Withholding lookup tool at ato.gov.au/taxtables. The results obtained when using the coefficients in this schedule may differ slightly from the tool. The differences result from the rounding of components. Withholding calculated using either method is accepted.

TFN declarations

Your employee may indicate that they are a working holiday maker in their TFN declaration.

Even if they don't, you will need to withhold amounts using the rates shown in Table A (provided they have given you a valid TFN).

This applies to either:

      1. working holiday makers visa (subclass 417)

      2. work and holiday makers visa (subclass 462)

      3. bridging visa permitting the individual to work in Australia if:

            1. the bridging visa was granted under the Migration Act 1958 in relation to an application for a visa of a kind described in paragraph a. or b., and

             2. the Minister administering that Act is still to make a decision in relation to the application, and

             3. the most recent visa, other than a bridging visa, granted under that Act to the individual was a visa of a kind described in paragraph a. or b.

To confirm the visa status of a working holiday maker, go to the 'Department of Immigration and Border Protection's Visa Entitlement Verification Online' (VEVO) webpage. This is where you can check visa details and conditions.

Working holiday makers cannot claim tax offsets. If they have claimed a tax offset on the Tax file number declaration, do not adjust the amount you withhold.

Working holiday makers cannot have a Higher Education Loan Program (HELP), VET Student Loan (VSL), Financial Supplement (FS), Student Start-up Loan (SSL) or Australian Apprenticeship Support Loan (AASL) debt.

Working holiday makers cannot receive Community Development Employment Projects (CDEP) payments or Lump sum B payments.

If a TFN has not been provided

You must withhold 45% from payments to a working holiday maker (ignoring cents), if:
    * they have not quoted their TFN
    * they have not claimed an exemption from quoting their TFN
    * they have not advised you that they have applied for a TFN or have made an enquiry with us.

If an employee states at Question 1 of the Tax file number declaration