Work and Holiday Visa (Subclass 462) Tax Calculator
Subclass 462 Work and Holiday visa holders pay a flat 15% tax on their first $45,000 of income with standard marginal rates on earnings above $45,000.
Contextual tax, banking, and overseas remittance offers
Gross Annual Salary (AUD)
Base salary before tax & superannuation
Visa Subclass & Nationality
Determines tax residency brackets and Medicare eligibility
100% Medicare Levy Exemption (MES): As a non-citizen from a non-RHCA country, you can obtain a Medicare Entitlement Statement (MES) from Services Australia and pay 0% Medicare Levy.
Additional Residency & Insurance Toggles
Applying for PR with work rights gives you interim Medicare access, removing the MES exemption.
Avoids 1.0% – 1.5% Medicare Levy Surcharge for taxable incomes above $101,000.
Take-Home Income
You save $1,040/yr ($87/mo) under Category 1 MES.
Paid in addition to gross salary
Total pkg: $58,240
Citizen vs. Visa Holder Comparison
$44,572
Includes 2% Medicare$43,150
0% Medicare (MES)Take-home pay matches standard Australian citizen tax rates (Medicare Levy applies).
Compare Approved OVHC Health Cover
Maintain mandatory health insurance for Work Visa (482/485) while claiming 100% Medicare Levy Exemption.
- Instant Department of Home Affairs letter
- No waiting period on emergency dental
- 24/7 multilingual health advice line
- 100% compliant with visa condition 8501
- Direct billing at 1,000+ medical clinics
- Telehealth included at $0 co-pay
- Simple digital claims via nib app
- Unlimited emergency ambulance
- Customizable extras & dental
⚡ Instant digital visa certificate sent to your email in under 3 minutes.
Get Quote with Bupa AustraliaHow to Claim 100% Medicare Levy Exemption (MES)
Official step-by-step Services Australia checklist
Obtain a certified copy of your passport photo page, current Australian visa grant notice (or VEVO check), and proof of arrival.
Apply online using your Services Australia / Medicare online account through myGov, or complete Medicare Entitlement Statement (MS015).
Once approved (usually 4-6 weeks), enter your MES certificate number under ATO tax return question M2 (Medicare Levy Exemption: 365 days).
Contextual tax, banking, and overseas remittance offers
Official ATO & Services Australia Rules for Subclass 462 (Work & Holiday Visa)
How your visa subclass is treated under Australian tax legislation
Flat 15% on $0 - $45,000 ($6,750 max), 30% on $45,001 - $135,000, 37% on $135,001 - $190,000, and 45% above $190,000.
Work and Holiday makers from non-RHCA countries (such as the USA, Brazil, China, Indonesia, Vietnam, Thailand) can claim a 100% Medicare Levy Exemption.
Subclass 462 Work & Holiday Visa Tax Rules
The Subclass 462 Work and Holiday visa is available to citizens of partner countries including the United States, China, Brazil, Indonesia, Vietnam, Singapore, Thailand, and Spain.
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1. WHM Tax Brackets
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2. Medicare Entitlement Statement (MES)
Tax & Medicare Questions for Subclass 462 (Work & Holiday Visa)
Q:How is Subclass 462 taxed compared to Subclass 417?
Subclasses 417 and 462 share the exact same tax rates under ATO legislation: 15% flat on the first $45,000 and standard progressive rates above $45,000.