Superannuation Contributions

1. Work-Related Expenses that You Can Claim, Part 3 Posted on 23 January 2019 Super-what?Exactly. Is your Australian visa about to expire? You may want file for your superannuation claimsbefore you leave. That’s additional savings you can set aside—orready for your next Aussie holiday! We’ve previously outlined a few other tax claims you can file for, and for this edition, we’re focusing on your superannuation contributions and how you can claim some savings from it. What are Superannuation Contributions? Superannuation contributions (aka, ‘super’) are compulsory deductions docked from your pay and placed into a retirement fund for you. This deduction is taken by your employer from your work income, bonuses, commissions, and other compensations and financial benefits you enjoy. Filing your DASP application and requirements While there’s no deadline to filing your super claims, the best scenario would be to do it before you leave Australia. You will need to file a Departing Australia Superannuation Payment (DASP) claim, and these following requirements: Completed DASP application form Visa information. You should be holding an expired Working Holiday visa (417), a Work and Holiday visa (462), or aBridging Visa. If your visa is still currently active, request the Department of Home Affairs to cancel it. Check with your employer:

2. To know how much your super contributions were To know where it is being held (in a super fund or with the ATO) Check with your fund office for Rules on accessing your super as DASP Any additional documentation and requirements needed for filing your claim NOTE: Some documents need to be certified for you to claim your refund. pinkcow can guide you on what to prepare—and how. But if you’re leaving very soon, or have already left Australia, you’ll need to contact a certified tax agent, like pinkcow, to help contact your superannuation fund and ATO for your unclaimed super contributions, and file your claims. Leaving Australia’s endless summer paradise doesn’t have to be a letdown. By filing your super claims, you’ll have additional savings to tide you over—till your next working holiday. Happy travels! Claim Your Tax Back Now!