icon

Explore True Cases, Judge Rulings and Law Firms.

Empower Your Decisions, Enlighten Your Research.

What is the tax-free threshold for student income in Australia?

In Australia, the tax-free threshold for income is the amount of money you can earn each financial year without having to pay income tax on it.

Australian Tax-Free Threshold Information

For Residents: The tax-free threshold is $18,200 per year (from 1 July 2022). This means you can earn up to $18,200 in a financial year without paying any income tax.

For Non-Residents: Non-residents for tax purposes do not have access to the tax-free threshold. They are taxed from the first dollar of their income earned in Australia.

For international students who are considered residents for tax purposes, they can apply for the tax-free threshold when they start working in Australia. This allows them to earn up to $18,200 per year before any income tax is deducted from their pay.

It's important to note that if you have multiple jobs or sources of income, the tax-free threshold applies to your total income across all jobs. If you're unsure about your residency status or tax obligations, consulting with a tax professional or the Australian Taxation Office (ATO) can provide personalized advice based on your circumstances.

Legal Link Finds Similar Case Law for You
Law Firm's Insights
28 September 2020
Queensland
Thomson Geer
WILLIAMS
Highlights
Defective Work [20] The contract provides that any “defective work” will be corrected by the party incurring the cost and without any deduction from the amount payable to the other party. [21] The relevant provisions are as follows:“1. If either party incurs costs in connexion with, or in an attempt to remedy, any defect in the work performed by the other party, then without prejudice to any other rights it may have, that party shall be entitled to recover those costs from the other party without any deduction therefrom. 2. If any defect in the work is not remedied within a reasonable time after notification by either party of its intention to do so, then that party shall be entitled, where such delay has caused loss or damage, to have that loss or damage fully compensated by the other party.” Defective Work [22] The contract also provides that where “defective work” is carried out by either party then that party is not entitled to recover for such defective work any costs whatsoever including but not limited to wages, materials or damages whatsoever. [24] The issue in dispute is whether the installation of an air conditioning system constituted defective work within the meaning of clause 1 of the General Conditions of the Contract.Mechanical Services Specification and Mechanical Services Preliminary Design Drawings [25] The Mechanical Services Specification and Mechanical Services Preliminary Design Drawings were prepared by Pro-Invest and provide specific requirements for an air conditioning system to be installed at the Spring Hill Hotel. [26] It is clear from these documents that an air conditioning system was required and that failure to install such a system would result in a breach of contract. [27] Pro-Invest contends that because the air conditioning system was not installed according to specifications provided in the Mechanical Services Specification and Mechanical Services Preliminary Design Drawings, this constituted defective work within the meaning of clause 1 of the General Conditions of the Contract. Defective Work [28] Pro-Invest argues that because there was a failure to install an air conditioning system according to specifications provided in the Mechanical Services Specification and Mechanical Services Preliminary Design Drawings, this constituted defective work within the meaning of clause 1 of the General Conditions of the Contract. Air Conditioning System [29] It is also arguable that because there was a failure to install an air conditioning system according to specifications provided inthe Mechanical Services Specification and Mechanical Services Preliminary
Judgment
Other FAQs You may Interested In
1. What income is not taxable in Australia?2. What is not counted as income in Australia?3. Can I buy a property in Australia on a bridging visa? What taxes would I need to pay?4. Do I have to include my child’s income on my tax return in Australia?5. What are the disadvantages of registering a property in my child’s name in Australia?