How much can the University contribute to the affiliate’s living expenses?
The Department of Immigration and Border Protection has limited the value of the living assistance which can be provided by the University to subclass 402 – research stream visa holders. The maximum contribution by the University to living expenses is approximately $34,000 per annum (at October 2012); this amount may alter on an annual basis. The affiliate is eligible to receive unlimited funds through overseas salary payments, grants and/or personal funding.
The University may contribute to the costs of travel, living and accommodation expenses, in the form of a reimbursement on presentation of receipts by the faculty/unit. These reimbursements may attract Fringe Benefits Tax in Australia, which must be met by the University.
Any financial assistance provided may be taxable in the affiliate’s home country and they are recommended to seek advice on the likely tax implications of any payments made to them associated with their affiliation with the University.