457 AND 482 VISA TAX RETURNS

Australian Accountants can maximise your tax refund on your 457 and 482 Visa tax returns

Are you a temporary resident of Australia on a subclass 457 and 482 Visa? Australian Accountants can complete your 457 and 482 Visa Tax Returns and help you claim your maximum refund.

Maximise your tax refund on your 457 and 482 Visa tax returns

Australian Accountants currently services many clients working temporarily in Australia on a 457 and 482 Visa – from the USA, UK, Europe, Japan, China, Hong-Kong and many other nations.

With over 20 years’ experience with Australian and international accounting practices, Australian Accountants can guide you through Australia’s complex and constantly changing tax rules, treaties and exemptions.

What deductions can I claim on a 457 and 482 Visa tax returns?

Employees are able to claim their work-related expenses, home-office expenses, and certain elements of travel expenses, income-protection, certain training expenses, donations and accountant fees.

Medicare Levy Exemption

If you are ineligible for Medicare, you don’t have to pay the Medicare Levy, or the Medicare Levy Surcharge (up to 2.5% of your taxable income). We can help prepare the paperwork to achieve the exemption if it applies to you.

Can I lodge a 457 and 482 Visa Tax Returns from overseas?

Lodging your 457 and 482 Visa Tax Returns from overseas is simple – just email us your tax information and we can complete your 457 and 482 Visa Tax Returns and lodge with the Australian Taxation Office online.

Prior to lodging your 457 and 482 Visa Tax Returns online, we will send it to you for your approval. Once it is lodged with the ATO you can expect to receive your refund generally within 2-3 weeks.

Can I still receive the Living Away From Home Allowance (LAFHA)?

As a 457 and 482 visa holder you may be eligible for LAFHA. Recent changes to Australia’s Fringe Benefits Tax (FBT) rules now require that, starting October 2012, the LAFHA be taxed as part of employees’ regular income.

Certain 457 and 482 visa holders with a pre-existing LAFHA agreement may be eligible for a transitional arrangement that will allow them to retain at least some of their LAFHA tax exemption into 2013/14.

If you are a foreign worker on a 457 and 482 visa and still under an LAFHA agreement with your employer, Australian Accountants can advise you as to whether you’re eligible for this transitional arrangement.

Contact us to receive a FREE quote for your 457 and 482 Visa Tax Returns