- WE | Worse Tax Summaries Australia Overvie wee rovewed-t0 Decanter 2002 ‘Australas @ county inthe Southern Hemisphere comprising the malnland ofthe Australian continent as well a the island of Tasmania and ‘numerous smaller islands in the Inian ard Pacific Oceans, Australia's divided ito ax states and two tortories, with Canberra aa it capital. The official language of Australia is English, andthe currency isthe Australian dollar (AUD), ‘Six Bish colons, which were created in the late 1éth and 19th centuries, were federated and became the Commoniveath of Australian 1901. In recent decades, Australia has transformed itself into an internationally competitive, advanced markot economy. I boasted one ofthe Organisation for Economic Co-operation and Development's (OECD's) fastest growing economies during the 1990s, a performance due in large part to economic relorms adopted in the 1980s, Ausirala's abundant anc diverse natural resources attract high levels of fore.gn investment and include extensive reserves of co, iron ore, copper, Gols, natural gas, uranium, and renewable energy sources, Australia also has a lage services sector and is significant exporter of natura resources, energy, an food. Pwo Australia's industry teams combine sil and experience n assurance, business advisor, and taxation to offer cients compettve solutions. ‘The industries inchide agr-business, asset management, banking and capital markets, constructions and transportation, energy and resources, ‘entertainment and media, goversment, healthcare, ndustial products, infrastructure, insurance, retal and consumer, and technology and cil PwC Australia's Tax and Private Clients practice has over 1,000 professionals. Our clients include public and private Australian companies and ‘organisations, entrepreneurs, famly businesses, trusts, parnerships, private inciduals, and a host o intemationallyrecogrised names. Combining the skis of nancial and tax specialists with those of economists, lawyers, and other in-house specialists, PwC Australia’s tax specialists solve tax problems from the ideas stage through to implementation of systems and processes, provicing proactive business solutions to cllents' eomplex. business needs. We offer services in + compliance + corporate tax + customs and excise + omployment taxos + financial services + global tax and transactions + goods and services tax + global mobility solutions + piivate cients, including high weath ineviduals + research and development tax incentives and other grants + stamp duty + tax controversy + taxreporting and strategy, ane + transter pring Quick rates and dates CFF final peyent du Fest ay ofthe sich month folowing he end of he income your. PIT final payment du d ‘As stated on the assessment notes. PAYG on a quarter basis; 28 October, 28 February, 28 Apri and 28 uy. PIT estimated payment due Standard VAT rato (6) Good an services oe 10Say Pesidont 0/00 Not hat rte of 42% appl inthe case of rarest and cart end were a Tax Fla Sheri ot quoted othe payer exemptions bat may ape) WHT rates (4) (OivdendsinterestRoyates) Non-resisnt 907 19/90 Noto there areca Secu Headline corporte capital gains tax rat () Capital gus are subject othe normal CI rate Headin indvidua capa galns tx rat (4) apa gas ar subject othe normal PIT ate Headline net wealthworth tax rate (8) a adlne Inertance tx at) Na Australia contacts Lynda Bramm Principal PC Austral +91 (n 3057 5871 Kevin Lung Tax Panay, Pac Austral Michael Bona Tex Pater, PwC Auatala (©2017 - 2023 PWC. Agha reorve. Pac refers tothe PwC network sor ore or more a is member fms, each of which sa separate log ently. Please s00 uw. comic for tur estas