Is 90k base salary enough in Sydney

[harshal]

Hi all,

Just want to know, is 90k base enough in Sydney?

How much tax I will have to pay?

Also what is the fee for 457?

[hassan10010]

90k means ?

[Gaurav]

90,000 Australian Dollars per year.

Originally Posted by hassan10010

90k means ?

[Dolly]

You should be OK with that wage.....it will all depend on where you live in the Sydney area though.

Dolly

[rpkbuviki]

Hi Harshal

It's equivalent to making 2.5 - 3.5 lacs pm in INDIA ( I'm not meaning the dollar to rupee conversion) . The lifestyle you can afford depends on where you choose to live in sydney .

Rpkbuviki
Here I COme OZ

Originally Posted by harshal

Hi all,

Just want to know, is 90k base enough in Sydney?

How much tax I will have to pay?

Also what is the fee for 457?

[Gaurav]

Anything above 60k AUD is not at all bad considering starting a fresh beginning in a new world.

Originally Posted by rpkbuviki

Hi Harshal

It's equivalent to making 2.5 - 3.5 lacs pm in INDIA ( I'm not meaning the dollar to rupee conversion) . The lifestyle you can afford depends on where you choose to live in sydney .

Rpkbuviki
Here I COme OZ

[chefman21]

They have 18 kids...

[Rub]

Hi,

Are you also considering a move on a 457 visa ? You got a job offer already?

There are several parameters to consider before you calculate your net salary on a 457 visa.

First, make sure with your employer that the 90k excludes superannuation, otherwise it's 9% to remove from your salary.

Then on a 457 visa, you can be eligible for living away from home allowance, it can considerably reduce the taxes you have to pay.

For the 457 visa, i paid 265 dollars for the visa fee. You also have to arrange for private medical insurance, unless it's done by your employer.

Originally Posted by harshal

Hi all,

Just want to know, is 90k base enough in Sydney?

How much tax I will have to pay?

Also what is the fee for 457?

[harshal]

Originally Posted by Rub

Hi,

Are you also considering a move on a 457 visa ? You got a job offer already?

There are several parameters to consider before you calculate your net salary on a 457 visa.

First, make sure with your employer that the 90k excludes superannuation, otherwise it's 9% to remove from your salary.

Then on a 457 visa, you can be eligible for living away from home allowance, it can considerably reduce the taxes you have to pay.

For the 457 visa, i paid 265 dollars for the visa fee. You also have to arrange for private medical insurance, unless it's done by your employer.

Rub,
9% Super is not included in the salary.
Why you had to pay 265 AUD when company did sponsor for you?
Medical Insurance will be arranged by employer.

I didnt get what u said about living away from home allowance..... how much impact it will have on tax reduction?

BTW they have just offered me.....tomorrow is my interview so let's c what happens. Once everything gets confirmed, I will surely update you.

[Rub]

Ok, it's a good salary then. I'll msg u later with the explanation for living away from home allowance.

I'm getting a relocation allowance from my employer, but I paid for my visa application when i submitted the online application, the employer just paid the sponsor and nomination charges. Good also if they are paying your medical insurance.

Best of luck for your interview.

Cheers.

Originally Posted by harshal

Rub,
9% Super is not included in the salary.
Why you had to pay 265 AUD when company did sponsor for you?
Medical Insurance will be arranged by employer.

I didnt get what u said about living away from home allowance..... how much impact it will have on tax reduction?

BTW they have just offered me.....tomorrow is my interview so let's c what happens. Once everything gets confirmed, I will surely update you.