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Hi,

 

I understand that the witholding tax rate for DASP payments are 35% for non WHM and 65% for WHM. I was on a WHM visa initially for 6 months before converting to a 457 visa.

 

I wish to apply for the DASP as I have left Australia and would like to ask if the DASP will be taxed at 35% or 65% or split between 35% for super contributions received while on a 457 visa with the balance at 65% while on the WHM visa.

 

Thank you for any clarification provided. 

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Hi @boonwong 

 

From 1 July 2017, the new DASP WHM tax rate of 65% applies to DASPs made to WHMs where it includes amounts attributable to superannuation contributions made under a WHM visa. In other words, if any part of your DASP includes any contributions made while you were WHM, then the entire DASP is taxed at 65%.

 

Here's a link to information on the ATO website:

 

JF

 

This is my personal view; I’m an ATO employee who chooses to help out here in my own time.

1 REPLY 1

Best answer

ATO Certified

Devotee

Replies 0

Hi @boonwong 

 

From 1 July 2017, the new DASP WHM tax rate of 65% applies to DASPs made to WHMs where it includes amounts attributable to superannuation contributions made under a WHM visa. In other words, if any part of your DASP includes any contributions made while you were WHM, then the entire DASP is taxed at 65%.

 

Here's a link to information on the ATO website:

 

JF

 

This is my personal view; I’m an ATO employee who chooses to help out here in my own time.

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