Four common taxes for Australian immigrants

Australia is a federal country with a tax-sharing financial management system. Federal, state and local governments collect their own taxes and fees according to their functions and powers stipulated by the Constitution and laws. Australia's taxes are mainly direct taxes, including corporate income tax and personal income tax, which are collected by the federal tax bureau. The following are four common taxes for Australian immigrants. Welcome to read!

Article 1 Four common taxes for Australian immigrants

1. Enterprise income tax is a tax levied on enterprise income and other income. Its taxpayers are divided into resident companies and non-resident companies. The former refers to a company established or engaged in business activities in Australia, whose management and control center is in Australia, or the shareholders who control voting rights are Australian residents; A non-resident company refers to a company that does not meet the above conditions. Corporate income tax is subject to a proportional tax rate of 30%.

2. Personal income tax

This is a tax levied on Australian residents and non-residents. In Australia, non-residents only have to pay income tax. Personal income tax is subject to excessive progressive tax rate. The annual income below 5,000 yuan is zero, and the annual income above 60,000 yuan is 47%, plus 1.5% medical tax.

3. Goods and Services Tax

Australia has passed goods and services tax legislation, and replaced the original wholesale sales tax and some state and local taxes. The tax is designed according to the "value-added tax" model adopted by most countries in the world. The bill stipulates that all goods and services sold in Australia except finance (including the sale of real estate, intangible assets and imported goods and services) are all included in the GST collection scope (but basic food is tax-free). Its basic characteristics are: First, the tax rate is designed to be low, which is 10%. At the same time, due to the introduction of GST, the threshold of enterprise income tax has been raised from the original 5,000 Australian dollars to 6,000 Australian dollars, and some taxes such as financial tax and inheritance tax have been abolished, which has been widely recognized by the public; Second, the tax basis is single, with the sales income of goods or services as the tax basis, which is levied in the sales link of goods and services or the actual delivery link of goods, not in the transfer link of non-cash transactions or intermediate links; The third is to collect the tax first and then return it, that is, taxpayers first declare and pay taxes according to the sales of goods and services, and at the same time apply for tax refund on the basis of invoices for purchasing goods and services; Fourth, GST is collected by the federal tax bureau, but the tax is returned to the state government by the federal government according to the income and expenditure of each state. It is estimated that the Australian government will levy 27 billion Australian dollars GST this year, which will alleviate the problem of insufficient financial resources of the state government; At the same time, the implementation of GST has changed Australia's tax structure, and the proportion of indirect tax revenue in the whole tax revenue will increase to 55%.

4. Consumption tax

The Australian government levies consumption tax on special commodities such as tobacco, petroleum, diesel, alcohol and alcohol, among which consumption tax is levied on cigarette products with a tobacco content of 0.8 grams.

The taxes and fees collected by the state and local governments mainly include:

1, payroll tax. The object of taxation is the wages and salary income obtained by employees, and the taxpayer is the employer who pays employees' wages and the total amount of wages exceeds a certain limit within one year. Therefore, it is different from the taxation of employees' income in personal income tax. The payroll tax rate is determined by each state, which is different from state to state, but it is all around 5%.

2. Land tax. Valuation and taxation of self-owned land for public services.

3.* tax. A tax on gambling.

In addition, the state government also taxes cigarettes, oil and other income. The Australian government will provide corresponding tax incentives for some large-scale infrastructure projects, and investment immigrant applicants can consider related projects when choosing investment projects.

Chapter II Types of Australian Child Immigrants

Children of Australian citizens, permanent residents or New Zealand citizens eligible for sponsorship, as well as some relatives and orphans, can apply for child immigrant visas to enter Australia and stay permanently.

Children from overseas cannot automatically obtain permanent residency in Australia. They must submit a visa application and pass our trial to meet all legal conditions before they can obtain a visa.

1, children (permanent visa) (subcategory 10 1)

Applicable to overseas biological children, adopted children or stepchildren of Australian citizens, Australian permanent residents or New Zealand citizens who meet the funding conditions.

2. Family orphans (permanent visas) (subcategory 1 17)

Applicable to overseas children under the age of 18, who are relatives of Australian citizens, permanent residents or eligible New Zealand citizens, and whose parents are unable to take care of them because of death, permanent loss of support or disappearance.

3. Adoption (permanent visa) (subclass 102)

Applicable to overseas children under the age of 18 who have been or will be adopted by Australian citizens, Australian permanent residents or eligible New Zealand citizens. Please note that children cannot apply for such visas if they were adopted before their parents became Australian citizens, Australian permanent residents or New Zealand citizens. They must apply for a child visa (subcategory 10 1).

List of materials (including application form), children (permanent visa) (10 1), relatives and orphans (permanent visa) (1 17), adoption (permanent visa) (102), raising children (.

Article 3 Age limit for Australian immigrants

Skilled immigrants: under 50 years old

Skilled immigrants in Australia include three items: visa 189, visa 190 and visa 487. Each item requires applicants to be under 50 years old. Skilled immigrants in Australia implement a scoring system, and applicants need to comprehensively add up many factors such as academic qualifications, IELTS scores and vocational skills before applying for immigration. Among them, age can also be used as a bonus item, but the age of applicants aged 45-49 is 0 on the immigration score table, and only applicants aged 65,438+08-44 can get bonus points.

Employer sponsored immigrants: under 50 years old.

Australian employer-sponsored immigrants also have clear requirements for applicants' age, vocational skills and IELTS scores. However, there is no need to participate in immigration classification, so there are fewer immigration requirements. Applicants who want to apply for 186 and 187 visas must be under 50 years of age; If you want to apply for a 457 visa, you must be under 45.

Investment immigrant: under 55 years old or no requirement.

In recent years, investment immigration has become the main channel for wealthy people from China to immigrate to Australia. Australian investment immigrants have no rigid requirements on the education level and language ability of applicants, and their age requirements are much looser than those of skilled immigrants and employer-sponsored immigrants.

Entrepreneurial immigrants 188A visas, investment immigrants 188B visas and business genius immigrants 132 visas all require applicants to be under 55 years old. Among them, 188A visa and 188B visa also implement the immigration scoring system. Different from skilled immigrants, investors aged 45-54 can get corresponding bonus points.

Major investor 188C visa and PIV visa for talent migration have no age limit for investors. Applicants of any age can apply for immigration as long as they meet the conditions of investment amount.