ATO Tax Talk November: Super Guarantee

Tax time

Tax time Source: ATO

Superannuation superannuation, also referred to as super, is a savings for you when you retire. For many, they start earning super when they start working.


It does not matter whether you work full-time, part-time, casual or if you are just staying in Australia. Your employer will contribute to your super fund an amount equal to your salary. This pension is for you when you retire, while temporary residents can claim this money when they leave Australia or when their visa is no longer valid. Superannuation is money added to your income.


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