Required:
Complete the tasks in Part A (worth 70 marks) Part B (worth 30 marks). The Assignment is worth 30% of your total marks for the course.
Part A (70 marks)
In accordance with the Australian government’s Budget Paper No. 2 Budget Measures 2015-2016, the Income Tax Rates Amendment (Working Holiday Maker Reform) Act 2017 (the ‘WHMR Act’) was passed. The WHMR Act proposed changes to tax rules for working holiday makers on 417 and 462 visas (‘backpackers’) as a means of raising revenue. This, with other proposed legislative amendments concerning working holiday makers, has been referred to in the media as the ‘Backpacker Tax’.
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