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24 Jan 07 Payment of the Super Co-contribution

The ATO advises that because most superannuation funds lodge their membership information at the end of October each year, it calculates the majority of super co-contribution entitlements during November, December and January. Due to the large number of entitlements that must be calculated during this period, the ATO expects to make all payments to superannuation funds by late January. The ATO generally notifies members of their Super Co-contribution payment one month after it is paid to their superannuation fund. However, during this peak period the notification will occur progressively from early January through to late February.

For a copy of the ATO advice go here and here

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