Concept of Backpacker Taxation System in Australia
Backpacker tax is an important taxation system that is mainly applicable on working holiday visitors from overseas. Australian government has decided to impose a backpacker taxation equivalent to 15% on the working of the day visitors from overseas. This is an important exercise system from the point of view of its contribution towards the economic performance.
Pros and Cons of Backpacker Taxation System in Australia
There can be many such pros and cons of Backpacker taxation system that is considered by Australian government to impose recently. In this respect, in the process can be the advantages factor that could be accomplished from the implication of this particular taxation system in the country. The cons in this respect can be the negative aspects associated with the introduction of Backpacker taxation system. To get a detailed analysis on the pros and cons of backpacker taxation system, get a custom written paper done by the experts of Australian assignment help.
Backpacker Tax Exhibit the Features of Good Taxation System
In order to analyse whether the backpacker tax system as considered by the Australian government is efficient or not, it is important to perform an in-depth analysis on various major positive and negative factors associated with this taxation system. The backpacker taxation system can be regarded as good to Australian economy and there can be many such reasons that will support this particular factor of backpacker taxation system. To get the most appropriate answer to this particular question on effectiveness of the backpacker taxation system, avail will the services of Australian assignment help to get best marks.
Liberal/National coalition government to propose changes (in the 2015 Budget Papers) to the tax treatment of holiday makers