Perth Street Art: Mapped

Photo: Beauofrt Street Network's Laneway Street Art Project

Photo: Beauofrt Street Network's Laneway Street Art Project

If you haven't caught the news this week, Perth's been voted the 7th most liveable city on the planet. One of the contributing factors in making Perth such a good place to live is the abundance of public art. Melbourne's got the rep for being Australia's capital of the arts, but seriously - every corner we turn in Perth lately there seems to be a new installation or mural.

Our street (Beaufort St.) cuts through one of the most artistic neighbourhoods in the city. Our local council take public art serious, and it shows.

To help you get around this public art explosion, the legends at Streets of Perth are busy mapping each art piece that pops up in town.The red balloons cluster around some of our favourite areas in the city; Beaufort St., Leederville and Wolf Lane off Murray St.

So here's an idea- grab some friends and do your own Perth street art tour! Find the art, and you'll discover Perth's best cafes, independent stores, hidden bars and nightclubs in the process.

For some inspo, check out @perthsart on Instagram. 

Hello, World!

Backpacker Tax Explained!

6 Important Points to Note about Australian Tax and your Working Holiday

The recent changes in the Australian backpacker tax have caused a lot of confusion, not only amongst working holiday backpackers but also amongst many employers and even some accountants and tax agents.

We've asked our partners at Taxback.com to help explain the changes. They’ve listed 6 simple facts that may clear up your questions!

1.    From January 1, the tax rate for working holidaymakers in Australia has been made 15% on earnings up to $37,000.

This has been reduced from the proposed 32.5% that was originally announced in the budget.

For anything above $37,000, ordinary marginal rates will apply, which means all earnings from $37,001- $80,000 will be taxed at the standard 32.5% rate. 

 

2.  The fees for working holiday visa applications will also be reduced by $50 to $390.

This change will be in effect from 1 July 2017. The government hopes to encourage more working holidaymakers to apply for visas because they are vital to the tourism and agricultural industries and their numbers have been declining steadily since 2012/13. These changes will be made to the 417 and 462 visas with the hope of improving the supply of working holidaymakers.

 

This change will be in effect from 1 July 2017. The government hopes to encourage more working holidaymakers to apply for visas because they are vital to the tourism and agricultural industries and their numbers have been declining steadily since 2012/13. These changes will be made to the 417 and 462 visas with the hope of improving the supply of working holidaymakers.

 

3.    The current age of eligibility (18 to 30) will remain in place for the time being.

The Government is considering options for expanding the upper age of eligibility from 30 to 35 years, but nothing has been made final yet.

 

4.    To promote tax integrity as well as to collect more data, the government will require employers of backpackers to register with the tax office.

 Those who fail to register will have to withhold tax at the 32.5% rate – the backpacker would then have to get the extra tax back on lodging their tax return.

The names of registered employers will be public, so available to those on working holidays and to other employers. Scott Morrison. MP, said the new registration system would give better data on who is employing backpackers, and “also help us to address what is the other side of the equation - and that is why are Australians not taking up jobs in the first place? What are the things that need to be done to ensure that Australians will take up these jobs?”.

 

5.    As a working holiday maker, any departing Australia super payment made on or after 1 July 2017 is taxed at 65%.

The government’s rationale behind the withholding tax hike is to partially offset the cost of the reduction from 32.5% to 15%, as well as acting as an incentive to keep the superannuation money in Australian superfunds and the economy. Morrison said, “this is consistent with the objective of superannuation, which is to support Australians in their retirement, not provide additional funds for working holiday makers when they leave.”

 

6.    With an authorized tax agent like Taxback.com filing your OZ tax return can be an easy and hassle-free process

To apply for your refund, register online and the team of tax experts will provide you with a completely free tax refund estimate. If you are happy with it, they will complete your application. The whole process is completely stress-free and you don’t need to deal with the tax authorities and know complicated tax laws. You simply wait until you receive the maximum legal refund straight to your bank account.

 

Find out more information about Taxback.com and their services hit them up at www.taxback.com