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  • I am an indian and have been offered 105000$ per annum to work in perth australia. Is this an decent average salary for IT professional? May i know approximate take home salary per month after tax deduction? Is there any way to reduce income tax in australia? If i invest in superannuation fund, will i get tax benifit? what is the maximum amount that i can invest in this fund? If i leave australia after some years, will i get my investment back without detecting tax? I have seen this information in australia tax website, but could not understand due to complex statements. Please provide me the direct answer and share your experience.

  • Answer:

    Your salary seems reasonable. You can reduce tax by spending money on things that relate to your job eg buy a car and prove that you need it in order to do your job. Take home monthly salary would be, very roughly $5500 - 6000. Any money you put into your super fund comes off your taxable income. Not exactly sure but would expect you to pay tax on it when you either take it out early or leave the country. I doubt there is any maximum amount you can put into your super fund.

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I would have thought that Australia had quite enough "home made" IT professionals here already, but if you have been lucky enough to be offered a job here on that salary, you should snap it up and be happy to pay our taxes. See a tax accountant after you're settled here for a while, to find how to 'minimise' NOT 'avoid' taxes. Cheers.

oldemystic

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