Temporary residents departing Australia
As a temporary resident working in Australia, your employer is required to make Super Guarantee contributions for you, if you’re eligible.
When you depart Australia permanently, you’re entitled to claim your superannuation.
This payment is called the Departing Australia Superannuation Payment (DASP). It needs to be claimed within six months of your departure, and the expiry or cancellation of your temporary visa.
If you are making the claim within six months of your departure, and the expiry or cancellation of your temporary visa, you need to complete the ATO’s Application for a departing Australia superannuation payment form, and send this form to Cbus, not the ATO.
If you don’t claim your super within six months of departing Australia, your super payments may be transferred to the Australian Tax Office (ATO). Find out more about claiming ATO-held super as a DASP.
You’re NOT eligible if you:
- are an Australian or New Zealand citizen
- hold a permanent or current temporary visa
- are a temporary resident who has left Australia and receives an income stream
- hold a retirement visa (subclasses 405 and 410).
How will my super be taxed?
Generally, these tax rates will apply:
- 0% for the tax-free component
- 35% for the taxed element of a taxable component
- 45% for an untaxed element of a taxable component.
- 65% for the taxable component (if payment includes contributions made whilst you held a 417 (working holiday) visa or a 462 (work and holiday) visa).
How do I claim my super?
If it’s less than six months since you left Australia and you’re eligible to access your super, contact Cbus Advice Services.