Things to know
Complete this section if at any time during 2024–25 you earned income while in Australia on a subclass 417 or 462 visa.
If you're:
- a foreign resident for tax purposes, you pay tax at working holiday maker (WHM) tax rates.
- an Australian resident for tax purposes, your tax outcome depends on your nationality
- If you're a national of one of the following countries, even if you're also a national of another country, in 2024–25 you pay tax at Australian resident tax rates
- Chile
- Finland
- Germany
- Israel
- Japan
- Norway
- Turkey
- the United Kingdom
- If you're only a national of any other country in 2024–25, you pay tax at WHM tax rates.
- If you're a national of one of the following countries, even if you're also a national of another country, in 2024–25 you pay tax at Australian resident tax rates
Working holiday maker net income
Your working holiday maker net income is the income you earned from an Australian source while you were on a 417 or 462 working holiday visa, less deductions relating to earning that income.
If your income includes lump sum or employment termination payments and is:
- less than or equal to $45,000, you won't receive an 'employment termination payment or unused leave tax offset' on those payments
- more than $45,000, the amount will be taxed according to your residency status.
Related page
Working holiday makers
Check about tax, working and lodging a tax return in Australia if you’re a working holiday maker (417 or 462 visa).
Completing this section
To personalise your tax return to show working holiday maker net income, at Personalise return select:
- You are claiming tax offsets or adjustments
- Working holiday maker net income
To show your working holiday maker net income, at Prepare return select 'Add/Edit' at the Adjustments banner.
At the Working holiday maker net income heading:
- Select your Home country.
Your home country is where you're from. This will be the country you either are a citizen of or have a permanent right to reside.
If you're also a national of one of the following countries, select that country instead of your home country:- Chile
- Finland
- Germany
- Israel
- Japan
- Norway
- Turkey
- the United Kingdom.
- Answer the question Is ALL of your income and deductions in this tax return related to income you earned while you were on a 417 or 462 visa?
No – go to step 3.
Yes – go to step 5.
Note: We may have populated Yes if all your income is at Salary, wages, allowances, tips, bonuses and in that section you indicated you earned that income while you were on a 417 or 462 visa. - At Working holiday maker gross income, enter the total amount of working holiday maker income you earned during 2024–25 while you were on a 417 or 462 visa. This includes salary or wages income showing at Income statements and payment summaries with type H.
- At Deductions that relate to earning your working holiday maker income, enter the total amount of allowable deductions that relate to earning your working holiday maker income.
- MyTax will work out your Working holiday maker net income.
- Select Save and continue when you have completed the Adjustments section.