Category
Trade and investment
Assistant Minister for Trade, Tourism and Investment, the Hon. Keith Pitt MP, said proposed improvements to the way working holiday makers (backpackers) are taxed will provide confidence to regional economies across Australia.
The proposed 32.5 per cent tax rate that was to apply to working holiday makers (417 and 462 visa classes) will be slashed to 19 per cent following strong representations by regional members of the Coalition Government.
A strong advocate for changes to the backpacker tax, Mr Pitt said the tax rate reduction to 19 per cent had been suggested by many stakeholders during previous rounds of consultation.
- Media Release: Backpacker tax changes to benefit regional Australia
Last Updated: 27 September 2016