Departing Australia Superannuation Payment (DASP)
We can help you to claim back your superannuation. If you have worked and earned super while visiting Australia on a temporary visa, you can apply to have this super paid to you as a departing Australia superannuation payment (DASP) after you leave.
Eligibility for DASP
You can claim a departing Australia superannuation payment (DASP) if all of the following 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 (for example, it has expired or been cancelled)
- you have left and you do not hold any other active Australian visa
you are not an Australian or New Zealand citizen, or a permanent resident of Australia.
How and when DASP is paid
Your DASP will generally be paid within 28 days of receipt of your completed application. It may take longer if you submit an incomplete application or you are required to submit additional supporting documents.
There are three payment options:
- electronic funds transfer (EFT) to an Australian bank account
- Australia dollar cheque
- international money transfer (IMT) – for fund applications only.
Not all super funds offer IMT. Fees and charges (including currency conversion may apply so check with your fund to see what payment options are available.
EFT is usually the most effective payment option and we recommend you consider keeping your Australian bank account open to receive payment of your DASP.
Confirm with your Australian bank that you will be able to arrange the money to be paid to an account in your home country.
For ATO-held super, you can only choose EFT to an Australian bank account or cheque
How DASP is taxed
A final DASP tax will be withheld from your payment when it is made. The payment may be made up of two components – a tax-free component, and a taxable component (that may have a taxed element and/or an untaxed element).
| Payment component | DASP ordinary tax rate (for non-WHM) | DASP WHM tax rate |
|---|---|---|
| Tax-free component | nil | nil |
| Taxable component – taxed element | 35% | 65% |
| Taxable component – untaxed element | 45% | 65% |
Don’t include DASP in your tax return
DASP does not form part of your assessable income for Australian tax purposes (It’s non-assessable, non-exempt income)
A final tax is withheld from DASP when the payment is made – so do not include the DASP payment summary in your tax return.