PAYG for Working Holiday Makers (AUS)
Workday enables you to tax workers who are working holiday makers using the Working Holiday Maker tax rate. The Working Holiday Maker status for workers and employers, and the workers' income type is reported to the Australian Taxation Office using Single Touch Payroll.
To use the Working Holiday Maker tax rate, ensure that:
- The workers have a TFN Declaration declaring themselves as a working holiday maker.
- The company's Working Holiday Maker Employer Registration status is recorded in theEdit AUS Company Tax Reportingtask.
If the employer isn't registered as a working holiday maker employer, Workday will use the Foreign Resident tax rate for working holiday makers.
The pay calculation for working holiday makers requires a YTD taxable amount. When you begin using Workday Payroll for Australia, ensure that you include workers' YTD Taxable Amounts when uploading your pay history.