How upcoming superannuation changes could impact employer sponsors
The Australian Superannuation Guarantee – the proportion of wages that employers must contribute to their workers’ retirement savings – will increase from 9.5% to 10% on 1 July 2021. How will this affect Employer Sponsored Employees? The question has been raised if the extra 0.5% can be taken from the salaries of sponsored workers, as […]
Employing overseas workers and Fringe Benefits Tax Facts.
Question – If an employer paid for a current employee’s permanent residence application is the employer’s payment subject to Fringe Benefits Tax (FBT)? So you’ve decided to extend an overseas workers contact with a permanent residence sponsorship, but there are a few tax implications that you’re unsure of and the Fringe Benefits Tax implication for […]
The Global Talent Scheme Visa – an olive branch to the tech sector
Background The last 12 months have seen significant upheaval in the employer sponsored visa categories, including the Subclass 457 – Temporary Work (Skilled) visa, Subclass 186 – Employer Nomination Scheme (‘186 visa’) and Subclass 187 – Regional Sponsored Migration Scheme permanent visas. On 19 March 2018, this upheaval culminated in the introduction of the Subclass […]
Employing Working Holiday Makers
Employing Working Holiday Makers – What Employers Need to Know On the 1st January 2017, the Australian Government imposed a fixed tax rate for employing working holiday makers. One year later, it appears that a large proportion of employers are either unaware of the fixed tax rate or the requirement to register as employers of working […]
Immigration compliance Bill reforms
The government has announced its intention to introduce a new immigration compliance and integrity Bill to strengthen the sanctions against employer sponsors who breach their obligations under the Sponsorship Obligations. The Bill will also enable the Department of Home Affairs to collect additional data on visa holders for data matching purposes and enable it to […]