The ATO has issued the following reminders to employers, that backpackers on working holidays:

• are considered temporary residents, and are entitled to superannuation guarantee if they are paid $450 or more before tax in a calendar month; and
• who leave Australia can claim the super paid to them as a Departing Australia superannuation payment (‘DASP’), providing all requirements are met.

Anyone employing backpackers should:
• check they hold a valid visa using the Visa Entitlement Verification Online (‘VEVO’) service;
• use the ATO’s Super guarantee eligibility decision tool to determine if they are eligible for super;
• offer them a choice of super fund if requested, and follow the same steps as for any other worker before they start working for the employer; and
• advise them that they can start their DASP application using the ATO’s free online application system while they are in Australia.

If you have any questions please don’t hesitate to contact our team on (08) 9392 7600 or find out more about how we can help here.

Exciting News! Muntz Partners is Rebranding to Acclaim Accounting

We are thrilled to announce that Muntz Partners is now known as Acclaim Accounting.

This change reflects our commitment to providing you with even better services and experiences.

Stay tuned for more updates as we embark on this exciting journey together!

Note: The change took effect on May 15th 2024.