If your monthly wage is more than $A450, your employer must contribute an additional sum equal to 9.5% of your wage into a superannuation (pension) account for you. If you entered Australia on an eligible temporary resident visa you can, in most cases, access your contributions when you leave Australia, although the contributions will be taxed.
Tax for working holiday makers.
It is a complete myth that you will automatically get all your tax back when you leave Australia! There is a lot of confusion out there amongst, not only working holiday backpackers but also amongst many employers and even some accountants and tax agents.
Why Choose Tranzfers.com to tranfer your money
You've worked hard for your money, so don't throw it away! We charge just £7 for sending money from the UK, and only A$15, CA$15, NZ$15 and SG$15 respectively for sending money from Australia, Canada, New Zealand and Singapore. You don't have to pay transaction fees of £25+ (around A$65) that banks in the UK will hit you with.
Tranzfers will not be beaten on exchange rates! Depending on the size of your transfer, we can usually save you hundreds of dollars and in many cases thousands of dollars. Don't just take our word for it though; simply check our rate with a Quick Quote and then compare it against your bank's rate. We know you'll be amazed at how much money we can save you.
We operate a super-efficient service with automated systems that ensure you a fast transfer of funds. You'll be impressed by our speed of conversion and deposit. Try us and see!
We understand that the safety of your money is an important consideration when deciding which provider you use to send money overseas. Our secure encrypted online service is just as secure as online banking services. Rest assured, you can rely on Tranzfers.
Does your bank allow you to check the progress of your transfer? We do, whenever you like. You can also monitor our rates, allowing you to convert and transfer whenever it suits you best.
One of the great things about Tranzfers is that you can send your money any time of the day or night with our online service, without leaving your home or office. We give you a variety of ways to get your funds to us so we can quickly send your international transfer.
Conversion of funds can take place 24 hours a day, 5 days a week, from 8am Monday morning Sydney time through to 5pm Friday afternoon New York time, giving you ample opportunity to watch the rates and convert when you feel ready. As you can see, we are not only cheaper and faster. There are many great reasons to choose Tranzfers next time you are ready to send money between the UK, Europe, Australia, New Zealand, South Africa, Singapore, Canada and the USA.