January

Home / Tolley's Global Mobility: Employment Taxes (Worldwide excluding Europe) /Monthly Updates /2024 / January

Country	New development	Further reading
Australia	The social security agreement between Australia and Serbia will enter into force on 1 February 2024.	Australia 6.1.2
	On 6 December 2023, the Australian Taxation Office released tax ruling TR 2023/4, clarifying the definition of the term 'employee' of an entity for the purposes of Taxation Administration Act 1953, Sch 1, s 12-35 (under which a paying entity should withhold an amount from the salary, wages, commission, bonuses or allowances it pays to an employee, whether or not the paying entity is the employer).	Australia 1.1
	The Australian Tax Authority recently released the updated general interest charge (GIC) rates and shortfall interest charge (SIC) rates that are applicable in respect of the period January–March 2024.	Australia 8.1
	On 11 December 2023, Australia released its Government Migration Strategy, which includes, inter alia, the following action plans with respect to the employment of foreign workers: – targeting temporary skilled migration to address skills needs and promote worker mobility – reshaping permanent skilled migration to drive long-term prosperity – tackling worker exploitation and misuse of the