Administer Super and DASP Claim

Superannuation in Australia

Superannuation (Super in short) is a long-term investment that grows over time; this is the system under which most people save for their retirement. The fundamental principle of Super is straightforward – the more you contribute during your working life, the more you’ll have for your retirement.

For most people, super begins when you start work for your employer who then starts paying a percentage of your salary/wages into your super fund on top of your regular wages/salary.

Superannuation Administration Perth

It’s important to regularly monitor how your super is performing and understand the returns it’s delivering. As your super administration partner, we will analyze and explain the returns your super has generated and provide insights on its future performance. We can also guide you in selecting the superannuation account that offers the best potential for maximum returns.

Having multiple super accounts across different super companies can be not only confusing but also costly, as each account comes with its own administration fees and charges. If this applies to you, we can help by coordinating a rollover to consolidate all your super accounts into one, with your consent to act on your behalf.

Every single super account has some sort of account administration fees and charges attached to it. If that’s the case, we can assist in rolling over your funds and consolidating all your super accounts into one, with your consent.

Many super funds also offer various types of insurance coverage to their members, such as:

Death cover: Provides a benefit to your beneficiaries in the event of your death
Total and permanent disability (TPD) cover: Provides a benefit if you become permanently disabled
Income protection cover: Provides a benefit if you're unable to work due to illness or temporary disability for a specified period.

If you don’t have insurance with your super and would like to add it, contact us, and we can assist in arranging this on your behalf. As your trusted partner, we can also help you nominate beneficiaries for your super and ensure that your personal details (such as surname, address, email, and phone number) are always up to date.

Departing Australia Superannuation Payment / DASP Claim

You may have accumulated superannuation that has been paid by your employer under the compulsory super guarantee if you have worked in Australia on a temporary visa.

You may be eligible to have this super (including any earnings/contributions) paid to you as a departing Australia superannuation payment (DASP) after you leave from Australia for good.

Commonly, based on the ATO guidelines, to be eligible to claim a DASP, all the following conditions should apply:

you accumulated superannuation while working in Australia on a temporary resident visa issued under the Migration Act 1958 (excluding Subclasses 405 and 410)
your visa has ceased to be in effect (expired or canceled)
you have left Australia and you do not hold any other active Australian visa
you’re not an Australian or New Zealand citizen, or a permanent resident of Australia (if you’re a New Zealand citizen leaving Australia permanently, you may be able to transfer your super to New Zealand).

While you cannot claim a DASP until after you have left Australia, it might be hectic for you to understand the complex procedures. In this regard, our experienced team can assist you in understanding these processes and compiling necessary documents and progress for the steps on your behalf so that you have strong peace of mind.

If you need any additional assistance or further clarification regarding your Super or you are facing any difficulties with potential DASP claims, please don’t hesitate to get in touch with one of our Tax Accountants on

08 93860047 for a confidential conversation

Alternatively, please feel free to pass your information Contact Us and one of our Tax Agents / Tax Accountant / DASP consultant will be in touch with you.

Contact us for any information or inquiries related to taxation and business advisory services.

FAQS

Frequently asked question

What is DASP?

DASP stands for Departing Australia Superannuation Payment. If you are a temporary resident who has earned superannuation while working in Australia, you can apply to claim that super back when you leave the country. This is the process through which you can access your superannuation balance after leaving Australia.
Same-Day Completion: Send us your full details, and we can complete your tax return on the same day.
Expert Support: Your allocated Tax Accountant is always available to answer questions, either online or by phone.
Maximized Refunds: A qualified Tax Accountant will check your return for extra deductions, ensuring you get the maximum refund possible before it’s submitted to the ATO.
Confidence in Accuracy: Consumer surveys show that the #1 reason people choose TFP Tax Accountants is for the peace of mind that their tax return is done correctly. We ensure any mistakes are corrected to avoid delays or ATO issues.

When can I claim my Super if I am planning to leave Australia? You can claim your super if:

You are a temporary resident who has earned super while working and living in Australia.
Your visa has expired or been cancelled.
You have left Australia.

How TFP Tax Accountants can assist me with a DASP Claim?

To begin the process, simply provide your details via our “Contact Us” section and explain your full situation. One of our tax agents or tax accountants will then get in touch with you to guide you through the next steps for your DASP claim. We’ll ensure that the process is smooth and assist you in claiming your super as efficiently as possible.

Let's Talk

Get In Touch

Our clients range from individuals and business owners to overseas property investors and professionals. They often require assistance beyond tax returns and business accounting, seeking guidance on tax planning and various financial and tax-related matters. Our Business Accountants, Tax Agents, and Tax Advisers are available year-round to discuss and support your personal and business needs.

Phone

08 9386 0047

Address

252 Fitzgerald Street, Perth WA 6000

Email

kamal@tfptax.com.au