Am I entitled to LAFHA?

zweton

Hey,

Starting a new job on Monday, would i qualify for LAFHA?
Also one more quick one, my tax rate is going to be 17.5% does this sound about right for a whv worker?

Cheers.

mandrake04

zweton wrote: »

Starting a new job on Monday, would i qualify for LAFHA?

Yes as long as the employer agree's to it, although for temporary residents its gone 1st July

zweton wrote: »

Also one more quick one, my tax rate is going to be 17.5% does this sound about right for a whv worker?

Depends on how much you are getting paid.


Tax rates 2011-12
The following rates for 2011-12 apply from 1 July 2011.
Taxable income
Tax on this income

0 - $6,000 Nil

$6,001 - $37,000
15c for each $1 over $6,000

$37,001 - $80,000
$4,650 plus 30c for each $1 over $37,000

$80,001 - $180,000
$17,550 plus 37c for each $1 over $80,000

$180,001 and over
$54,550 plus 45c for each $1 over $180,000

Residency - what you need to know


Introduction
To understand your tax situation, you must first work out whether you are an Australian resident for tax purposes. Australian residents are generally taxed on their worldwide income and non-residents are generally taxed only on their Australian-sourced income.
The residency tests we use to work out your residency status for tax purposes are not the same as those used by other Australian agencies for other purposes such as immigration.
Generally, you are an Australian resident for tax purposes if any of the following applies:
you have always lived in Australia
you moved to Australia and live here permanently
you have been in Australia continuously for six months or more, and for most of the time you have been
in the same job, and
living in the same place
you have been in Australia for more than half of the financial year, unless
your usual home is overseas, and
you do not intend to live in Australia.