Why should I provide my Tax File Number (TFN)? – Kogan Super

Why should I provide my Tax File Number (TFN)?

Why should I provide my Tax File Number (TFN)?

If you don’t supply your TFN to your super fund:

  • You’ll pay significantly more tax on your super. Employer contributions are taxed at 47% instead of 15% per year, which will reduce your super savings
  • You cannot make salary sacrifice (before-tax) or after-tax contributions
  • It’s more difficult to track down lost super or rollover super from one fund to another
  • You won’t receive government co-contributions
  • You won’t be able to make contribution to your spouse’s super (or vice versa)
  • You won’t be able to take money out of your super account.

To provide us with your TFN, login to your online account and click on ‘Check your details’. Or you can call us on 1800 517 212.

Daniel Thompson
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