Take home pay on a 457 visa

[Eddie10]

Hi

 

I have just been offered a job in Oz on a 457 visa.

 

I would like to know how much tax I will be paying on a gross income of 85k in Perth.

 

http://www.paycalculator.com.au/ has been a help but what boxes should I tick on a 457?

 

Once I know how much I have to play with I can then look at how much we can spend per week on rental..

[blossom]

Welcome to the forum. As long as you work for them for more than six months you are a resident for tax purposes (yay).

[jjgibbs]

I haven't changed mine and for the last four years i just claim it all back at the end of the year i had a cool 7k to play with last year this year maybe just short of 8k You live to yours means. yes i could get paid a lot more each month if i claimed the tax free threshold.

[VERYSTORMY]

The contract will tell you if it is inclusive of superanuation or not - important as it is 9.5% of the salary.

You will most likely be resident unless it is only a 6 month contract

Include the tax free threshold as most employers will not let you be paid without it

Leave off HECS

Leave off the student supplement

[Perfect Pudding]

Hi Eddie, I was on 85k base plus super, my take home was just short of 5k per month. If it is only one household salary, you don't want to be going over $500-550 per month, otherwise you will find all work and no play (

Food and dining out etc are more than you would be used to in the UK.