Tax File Numbers

Don’t pay too much tax – provide your TFN

If you have not provided us with your TFN then concessional contributions will be taxed at a much higher rate than they need to be and you will miss out on other benefits.

All employer contributions will be taxed at 47% instead of 15%
Before tax (salary sacrifice) contributions will be taxed at 47% instead of 15%
We can’t accept any personal after-tax contributions
If you’re eligible for the government co-contribution you won’t get it
Any benefit payments made may be taxed at a higher rate

Don’t wait until it’s too late

Generally you can have additional tax refunded to your account if you advise us of your TFN within four years of the tax being deducted.

However, if you close your Rest account before advising us your TFN, we won’t be able to refund you.