Business immigration

Useful websites and information about doing business and investing in Australia

Businesses for sale

Australia biznes for sale

Setting up a new business/franchise

Australian Securities and Investments Commission

Australia Trade Commission

Employment Relations

Taxes

The tax year begins on 1 July. Since 1st July 2000 a 10% Goods andServices Tax (GST) applies on most supplies of goods and services consumed in Australia. Income tax is imposed by the Commonwealth Government of Australia. Other taxes, such as petrol, stamp duty and payroll taxes are levied by the state governments. Real estate taxes are levied by local governments/councils. New settlers must lodge an application with the Taxation Office to obtain a personal tax file number (TFN) which must be disclosed to employers, banks, building societies etc.

To find out about taxes in Australia, please visit this website

Corporate tax 30%

Capital Gains Tax – Depends on Income Tax payable

Goods and Service Tax (GST) 10%

Fringe Benefit Tax 46.5%

Interest rates