Importance of a tax file number in super

VicSuper requires your employees’ TFN so they will not be over-taxed.

When your employee starts work with you, it is important that they provide their tax file number (TFN) on the ATO form. You will then need to pass this on to us:

  • within 14 days of receiving the completed form from your employee, or
  • when you make the first SG contribution on their behalf.


Importance of a TFN

It’s not compulsory to provide a TFN but without it:

  • VicSuper cannot accept personal contributions into a VicSuper account
  • your employee’s concessional contributions (eg SG and salary sacrifice) are taxed at the top marginal tax rate plus Medicare levy at a total rate of 46.5%, and
  • tax must be withheld on the taxable component of a withdrawal at the top marginal tax rate plus Medicare levy (for employees below age 60).

For more information on superannuation and tax, call the ATO on 13 10 20 or visit the ATO website.


VicSuper requires your employees’ TFN so they will not be over-taxed.

When your employee starts work with you, it is important that they provide their tax file number (TFN) on the ATO form. You will then need to pass this on to us:

  • within 14 days of receiving the completed form from your employee, or
  • when you make the first SG contribution on their behalf.


Importance of a TFN

It’s not compulsory to provide a TFN but without it:

  • VicSuper cannot accept personal contributions into a VicSuper account
  • your employee’s concessional contributions (eg SG and salary sacrifice) are taxed at the top marginal tax rate plus Medicare levy at a total rate of 46.5%, and
  • tax must be withheld on the taxable component of a withdrawal at the top marginal tax rate plus Medicare levy (for employees below age 60).

For more information on superannuation and tax, call the ATO on 13 10 20 or visit the ATO website.