Providing your TFN
Make sure you provide your Tax File Number
Providing your Tax File Number (TFN) to your super fund is one of those small things that could really make a difference in the long run.
If we don't have your TFN, your contributions may be taxed at 45% plus 1.5% Medicare Levy. That's more than 30% higher than the standard rate!
We also won't be able to accept any personal contributions, and in turn this may affect your eligibility for the Government Co-contribution Scheme.
And whilst you don't have to supply your TFN, it is one of the best ways to help track your super. You can search for lost super using your TFN via the Australian Taxation Office (ATO) website.
How do I register my TFN?
Choose any one of the below options.
- Online
Log in or sign up to Member Online Services. This service is easy, free to register and available 24/7. - Phone
Call 1800 555 024 to speak with one of our friendly customer service team members between 8.00am and 10.00pm AEST, Monday to Friday. - Post
Simply download a TFN Notification Form, complete it and mail it to us.
Taking care with your TFN
Australian Enterprise Super is authorised to collect your TFN under the Superannuation Industry (Supervision) Act 1993 and your TFN will only be used for lawful purposes. These purposes may change in the future as a result of legislative change.
It is not an offence not to quote your TFN. However providing your TFN to Australian Enterprise Super will have the following advantages (which may not otherwise apply):
- your superannuation fund will be able to accept all types of contributions to your account/s and the tax on contributions will not increase
- other than the tax which may ordinarily apply, no additional tax will be deducted when withdrawing superannuation benefits
- it will make it easier to trace superannuation accounts in your name in future.
Unless you request in writing that your TFN not be disclosed, a TFN may also be disclosed to another superannuation provider when your benefits are being transferred.
Looking for lost super?
Your TFN will allow you to track down your lost super. Our Member Services Consultants can help you with this process or the following website may be a good starting point for you.
- The Australian Taxation Office's SuperSeeker.
About the Fund
Australian Enterprise Super is tailored to the retail industry and supports small to medium enterprises. With simple, low–cost investment options, our industry super fund gives you the benefits of low fees, excellent services and one-on-one support, making it easy to manage your super.
The broad appeal of our retail industry super fund lies in our straight-forward approach to meeting member’s needs. Our wealth of experience, extensive industry knowledge, and relationships with key associations enable us to offer an outstanding client service and the expertise to help you manage your super easily and effectively.
When you’re looking for a fund that focuses on the retail industry and supports small to medium enterprises, consider the facts – for years, Australian Enterprise Super has been providing quality superannuation solutions for a range of clients, with personalised service that truly meets individual needs. To find out more about our hospitality and retail industry super fund focused options, contact Australian Enterprise Super today. Read more
Featured Links
Service Providers
Australian Enterprise Super is a division of Professional Associations Super, an industry fund with over 445,000 members across Australia and over $1.5 billion of funds under management. Professional Associations Super divisions include SMARTpension, RecruitmentSuper, and Accountants Super
Find us by searching: Superannuation Calculator, Superannuation Calculators, Superannuation Calculator Australia, Super Calculator Australia, Salary Sacrifice Calculator, Salary Sacrifice Super Calculator, Co Contribution Calculator, Super Co Contribution Calculator, Small Medium Enterprise, Small Business Superannuation, Small Business Superannuation Fund, Retail Industry Super Fund, Hospitality Superannuation
This information is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about Australian Enterprise Super, you should consider your own requirements and the relevant Product Disclosure Statement. Contact us for a copy.