Don’t forget to supply your Tax File Number

It's more important than ever for members to provide their Tax File Number (TFN). You are not obligated to provide Health Super your TFN, but if Health Super does not have your TFN, excess tax applies and you will pay tax at 46.5% instead of 15% on concessional contributions including your employer Super Guarantee contributions and any salary sacrafice contributions, and we won't be able to accept any personal after-tax (non-concessional) contributions from you at all. So instead of throwing your money away on tax, contact Health Super to provide your Tax File Number. 

If you do not supply Health Super with your TFN:

• We are unable to accept after-tax voluntary contributions from you
• We may have to deduct tax at the top marginal rate plus the Medicare levy from before tax (salary sacrafice) contributions if your TFN has not been quoted by 30 June of that year

To learn more about the proposed budget changes and how they could affect you, check out our budget fact sheet or visit www.ato.gov.au/bettersuper

 

How do I know if I have supplied my Tax File Number?

To find out whether you have already quoted your TFN or not, you can:

• Check your Health Super statement. On the top right hand corner of your statement, check if it says ‘yes’ or ‘no’ in the ’TFN Received’ field or has a 'tick' or 'cross'
• Login to your online Health Super account and simply check ‘your member details’ to see if you have supplied your TFN. If you’re not registered yet, click here
• Alternatively, you can call 1800 331 719 and ask one of our friendly customer service representatives whether your TFN has been quoted or not

 

How do I quote my Tax File Number?

To quote your TFN you can:

• Ask your employer to quote your TFN on your behalf
• Or call 1800 331 719 and quote your TFN to one of our friendly customer service representatives

 

What happens if I don't have a Tax File Number?

Contact the ATO directly on 13 10 20 or visit their website www.ato.gov.au/super and download a tax file number declaration form.