| While working in Australia you will have paid both | | | | more than AUD$450 per calendar month will have 9% |
| income tax and superannuation on your earnings. The | | | | of their wages paid into a superannuation fund by their |
| good news is once you leave Australia you can claim | | | | employer on their behalf. |
| back any overpaid income tax and your | | | | Super contributions are made 4 times a year minimum, |
| superannuation payments. Superannuation refunds are | | | | by the cut off dates each quarter: 28 October, 28 |
| usually worth between AU$600 and AU$5000 - | | | | January, 28 April and 28 July. |
| depending on how long you're in the country for. | | | | Your employer contributions must be paid into a |
| The Superannuation Scheme is a pension or | | | | complying super fund or retirement saving account. |
| retirement benefit fund in Australia. It was established | | | | You can chose which Superannuation fund to use |
| under the Superannuation Act 1990. | | | | when you make your employment contract. If you |
| Superannuation (otherwise known as super) is a way | | | | didn't nominate a fund, your employer will pay it into a |
| of saving money to provide benefits for: | | | | fund nominated by their company or the tax office. |
| - when you retire | | | | In 2002, superannuation regulations changed to allow |
| - if you become an invalid | | | | temporary residents to access their funds from as far |
| - your beneficiaries upon your death. The Australian | | | | back as 1984 if they permanently leave Australia and |
| superannuation scheme means that anyone aged | | | | get a Superannuation tax refund. |
| between 18 and 70 working in Australia who earns | | | | |