Question 1

What is the tax rate for working holiday makers in Australia?

Accepted Answer

Working holiday makers (visa 417 and 462) are taxed at 15% on the first $45,000 of income. Income above $45,000 is taxed at standard Australian resident rates.

Question 2

Do I need to pay superannuation on a working holiday visa?

Accepted Answer

Yes, employers must pay superannuation (11.5% from July 2024) for working holiday makers. When leaving Australia, WHM can claim their super but it's taxed at 65%.

Question 3

What features does WoHol Mate offer for working holiday makers?

Accepted Answer

WoHol Mate provides a complete suite of tools including tax calculator (15% rate), Fair Work wage calculator, timesheet management, visa tracker, community forums, postcode checker for visa extensions, and financial analytics.

Question 4

Is WoHol Mate free to use?

Accepted Answer

Yes, WoHol Mate is currently free to use. All features including calculators, timesheet tracking, community access, and analytics are available at no cost to support the working holiday community.