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Super and Taxback for WHV in Aust

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Anyone used taxback.com.au
7 years ago, July 13th 2007 No: 1 Msg: #16403  
Hi

i've been living and working in Sydney for about 5 months now and am probably heading home in October.

Has anyone on a Working Holiday Visa had any experience with Taxback.com.au? What percentage of tax paid did you get back?


any advice is much appreciated


Thanks Reply to this

6 years ago, August 7th 2007 No: 2 Msg: #17377  
B Posts: 16
Hi,

Check out the Australia Thorntree message board on the lonely planet web site - there's lots and lots of discussion around this on there. Reply to this

6 years ago, September 12th 2007 No: 3 Msg: #19336  
Hi

I used Taxback.co.uk when i got back from Oz - they took a 12% cut of what i was owed but basically i got about £1400 back after they took there share which i was more than happy with! They send u a load of forms (which i did via email) to basically say u are requesting them to act on your behalf. They then ask for copies of ur last wageslip etc... but its def worth it! You need to have left Oz i believe to do this, but they do everything for you. The money though does come back in Australian dollars and in the form of a cheque - so check out ur banks charges for converting these. Mine only charged £6, so was quite happy with that.

Super you can only claim once u have left the country and u dont get all of it back. I think i got less than 50% back after tax and all that (yes, the ozzie government tax u on ur superannuation when u claim for it) but i didnt go through Taxback for this. i went through my super fund that i had paid the money into. u have to prove u have left the country, but to be honest its not too difficult.

hope that makes sense!
Vicki. x Reply to this

6 years ago, September 13th 2007 No: 4 Msg: #19361  
Hey guys

Thanks for the responses. I forgot that i'm a resident for tax purposes so i can't claim any. I will be doing my super when i leave though

thanks Reply to this

6 years ago, September 15th 2007 No: 5 Msg: #19485  
B Posts: 9,686
Vicki, how long ago was that? I used to live in Aus and at one stage you could withdraw your funds if you were leaving permanently, but then the rules tightened up - consequently the super I got through work there is apparently locked up until I'm 65, even if I never go back. What else was charged apart from tax? Reply to this

6 years ago, September 15th 2007 No: 6 Msg: #19492  
Hi Jo

i left australia before i started uni so it was only about 3 yrs ago - i did hear about the rule of only receiving funds after you were 65, however i checked with my super fund and it was possible for me to apply for early release as i was permenantly leaving Australia. i had to send copies of my working visa along with copies of my passport stamp to prove exit from Australia - this had to be signed by a JP. I think the first thing is to check out your super's website for any info (as i worked for the NSW government i was with First State Super). They should have information on how to claim. you could apply for your super back through the ATO (Australian Taxation Office - www.ato.gov.au, go to the superannuation section, then the super for temporary residents bit) As with all third parties they charge a fee though.

As for charges when you go directly through your super fund - Tax on your super is around the 30% mark and i was also charged $30 for premature removal of the fund. once again, this comes in the form of a cheque in dollars so you will also have a conversion charge when u put the cheque in a uk bank. any other questions just ask! Reply to this

6 years ago, September 15th 2007 No: 7 Msg: #19493  
B Posts: 9,686
Youch - 30% tax??! I lived in Tasmania for about 7 years. Mine would be going into a NZ bank if I do pull it out. There's a possibility I may be back in Aus in 2 or 3 years, so may keep an eye on the situation til then. I have dual Australian citizenship, wonder if that would make it harder to remove my funds.
*Actually 30% isn't that far off the mark when you think about income tax rates.
Reply to this

6 years ago, October 14th 2007 No: 8 Msg: #20858  
I used www.taxback.com to get my tax and super back from Oz on working holiday. they sorted my refund very fast and charged just 10%. I had no paperwork, and they sorted everything. Excellent service. I used them again for my UK tax. Reply to this

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