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Departing Australia Superannuation Payment (DASP) Services by FinTax Group

At FinTax Group, we make it easy for temporary residents in Sydney and across Australia to claim their superannuation when leaving the country. Our experienced tax advisors simplify the complexities of the DASP application process, ensuring you receive your entitlements without the hassle. If you need assistance with DASP eligibility, tax obligations, or the superannuation refund application process, contact us today at 02 8033 2327.

What is DASP?

If you’ve worked and earned superannuation while on a temporary visa in Australia, you may be eligible to claim a Departing Australia Superannuation Payment (DASP) once you leave. Our team at FinTax Group specialises in helping clients access their unclaimed superannuation when departing Australia, ensuring you receive the money you’re entitled to. Our team will guide you through the DASP claim process, making sure your superannuation refund is handled efficiently.

Eligibility for DASP

You are eligible to apply for DASP if:

  • You accumulated super while working in Australia on a temporary resident visa.
  • Your visa has been cancelled or expired.
  • You must have left Australia.
  • You are not an Australian or New Zealand citizen or a permanent resident of Australia.

How is DASP Paid?

At FinTax Group, we assist you in ensuring your DASP application is submitted correctly, so you receive your payment promptly. Typically, your DASP refund will be paid within 28 days of submitting an application. Here are the available DASP payment options:

  • Electronic Funds Transfer to an Australian bank account
  • Australia Dollar Cheque
  • International Money Transfer

EFT is the best option for receiving your superannuation refund. We recommend keeping your Australian bank account open until your DASP is paid. If you’ve already left Australia and closed your accounts, our team will work to ensure you receive your DASP in the most efficient and convenient way possible.

Note: Don’t forget to check with your superannuation fund about the available payment options.

How is the Departing Australia Superannuation Payment (DASP) Taxed?

Tax is applied to DASP payments and the amount depends on whether the superannuation is taxed or untaxed. For working holiday makers (WHM), a higher tax rate applies. Here’s a breakdown of the DASP tax rates:

Payment Component

DASP Ordinary Tax Rate (for non-WHM)

DASP WHM Tax Rate

Tax-free component

nil nil

Taxable component – taxed

35% 65%

Taxable component – untaxed

45% 65%

At FinTax Group, we will explain the DASP tax implications and help ensure you comply with all tax requirements before receiving your superannuation.

Do You Include DASP in Your Tax Return?

It’s important to know that Departing Australia Superannuation Payment (DASP) is non-assessable, non-exempt income, meaning it does not need to be included in your Australian tax return. We’ll ensure all tax-related aspects of your DASP application are handled correctly.

Why Choose FinTax Group for DASP Services?

At FinTax Group, we understand the tax matters affecting temporary residents and expatriates. Our team is experienced in handling DASP applications for clients worldwide. Whether you’re still in Australia or have already returned home, we ensure you meet all DASP eligibility requirements and help you maximise your superannuation refund.

Don’t leave your super behind! Contact FinTax Group today in Sydney at 02 8033 2327 or send us a message. We’ll guide you through the DASP process and make sure you receive the money you’ve earned.