- After you have arrived we will call you to arrange your tax file number and pension/supperannuation account set up. We will explain everything you need to know and send you an email containing your membership number.
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What are the fund details for TW Super?
- SPIN: TCS0008AU – DIY Master Plan
- Fund Name: TW Super is a division of the DIY Master Plan
- USI: 46 074 281 314 002
- Fund ABN: 46 074 281 314
How do I setup a Superannuation/Pension fund?
- After you have arrived we will call you to arrange your tax file number and pension/supperannuation account set up. We will explain everything you need to know regarding setting up your Super/Pension fund.
Do I need Superannuation?
- Yes you need to have a superannuation account if you want to work in Australia.
What is Superannuation?
- Superannuation (Super) is the Australian retirement system. It is a compulsory system in Australia. It is an employer’s obligation which means your employer will pay 9.5% on top of your wage into your nominated superannuation fund.
- Most travelers use TW Super and this is part of your Australia Work Pack this is setup for you.
I have lost my Tax File Number. What can I do?
- Please contact us via email? and we will forward you the email with your tax file number.
I have my Tax File Number (TFN) receipt but no TFN so what do I do?
- You’ll receive your tax file number within 4 weeks of lodgement or you can call the Australian Taxation Office after 2 weeks on 13-28-61 to get your TFN from them directly.
Can I start working without my tax file number?
- You have 28 days to provide your employer with the tax file number before any penalty is incurred. Once the 28 days has passed you will then get taxed 46.5% so you would lose almost half of your income.
Do I need to do a tax return? And how does it work?
- You need to do a tax return after every financial year. The financial year in Australia finishes on the 30th of June. From that day you have 4 months to lodge a tax return. We can assist you to lodge your tax return via the link below:
- http://supertaxrefunds.com.au/working-holiday/
Can I claim my tax money back?
- You can claim some of your tax money back – depending on your circumstances. For more information, please visit the link below:
- https://www.supertaxrefunds.com.au
- To claim this money back, you will need to lodge a tax return. If you would like assistance with this, please contact us via the following link: http://supertaxrefunds.com.au