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| *Ostroff, Fair and Company>>>Australia Taxes |
I am a student. Do I have to pay tax? |
I am a student. Do I have to pay tax? If you have a job or make money Uncle Sam wants you to file. EVERYONE has to pay taxes. When you buy stuff from a store, you pay taxes. If you earnt more than about 21 thousand dollars in the financial year you will be taxed - but you will probably get some money back when you file your tax return. in canada u sort of do..u have to file a tax return but u get huge tax credits...so im guessing its similar in aussiland working? yes! student only? no! WELL..................yeah! (Uncle Sam always want his money) it depends on your age and your income bracket. First $6,000 you get free. Then you are taxed as normal. If you are receiving centrelink/new start/youth allowance you have reduced tax, but still pay. Hope I could help. |
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