A good news story from APESMA translator and interpreter member John Gare about superannuation.
John Gare was so pleasantly surprised by the ATO recently that he thought it important to share his experiences with other members. John writes:
“I recently received a good news letter from the Australian Tax Office – that’s right, the ATO.
They’re in my good books at the moment because they found it in their hearts to send me a cheque for nearly $1,500.
In their letter, the ATO explained that the money was from superannuation contributions they had been holding for me. Readers who have been doing translating and interpreting work since 2001 for one of Australia’s major private labour hire firms should soon be sharing my joy.
This has come about because of last year’s Federal Court ruling that employers of casual translators and interpreters are obligated to pay superannuation – including for those who might otherwise be engaged as contractors.
My good news letter states ‘Employers need to make contributions each quarter to a superannuation account for employees. If they fail to do this, they need to forward to us [the ATO] what they owe their employees in contributions, as well as pay interest and additional costs to cover late payment.’
Being over 65 years of age, I was entitled to have my contributions paid out directly as a superannuation lump sum. If you have not yet reached the golden age of 65 and are eligible for unpaid super contributions from the same labour hire firm, the ATO should soon contact you seeking your superannuation fund details (according to a notice from the labour hire firm’s liquidators, tabled at APESMA’s translators and interpreters committee earlier this year.)
It’s great to be able to share good news through APESMA. Members will find useful information on superannuation for translators and interpreters here.
My joy at receiving the payout was modified only by the ATO’s advice that $290.00 tax had been deducted from my lump sum. I’m going to claim that back at the end of the current tax year – plus interest!”
John Gare (APESMA member)