Tax File Numbers

Don’t pay too much tax – provide your TFN

If you have not provided us with your TFN then your 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 46.5% instead of 15%*
• Before tax (salary sacrifice) contributions will be taxed at 46.5% 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

*If you joined REST before 1 July 2007, the extra tax will not apply if your annual contributions are less than $1000.

Login to MemberAccess right now and provide your TFN

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.