Tax and Superannuation

Most workers have to pay tax on the wages they earn. The amount of tax you pay depends on how much you earn and if you have any deductions or tax offsets.

Your employer will deduct tax from your pay and send it to the Australian Taxation Office (ATO) on your behalf. If you are self-employed, you will need to do this yourself.

Any tax deducted from your wage must be shown on your payslip. See Payslips and Record Keeping for more information.

For any advice on your tax contact the ATO on 13 28 61 or visit ato.gov.au.

Superannuation

Superannuation is money paid into a fund for you to access in retirement. A portion of your wage is paid into this fund by your employer. This is known at the Superannuation Guarantee.

Superannuation Guarantee

Under the superannuation guarantee, your employer must contribute a minimum 9.5% of your ordinary earnings. This is paid on top of your wage, not deducted from your wage. It must be paid into at least every 3 months.

Most employees are entitled to superannuation contributions from their employer, including some casual workers and temporary residents. You qualify for the superannuation guarantee if:

  • You earn over $450 gross a month
  • You are over 18 years old or
  • You are under 18 years and work over 30 hours a week

If you are covered by an enterprise agreement you may be entitled to a higher rate of superannuation.

All superannuation benefits paid by your employer must be recorded on your payslip. See Payslips and Record-Keeping for more information.

If you are not being paid superannuation, your employer may be breaking the law. Contact your union for advice.