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22 Sep 09 Super contributions caps letters

The ATO has advised that it will be sending two letters out to taxpayers in relation to the superannuation contributions caps that have either applied since 1 July 2007 or which were reduced from 1 July 2009.

From September 2009, the ATO will be writing to around 300,000 individuals most likely to exceed a reduced cap in the 2009-10 financial year to inform them about the change, and help them make an informed decision about how much they'll contribute to super in the financial year. This mailout will take place over the next two months with letters being sent to the recipient’s residential address.

From September 2009, the ATO will also be writing to individuals who have exceeded at least one contributions cap in the 2007-08 financial year.

For a copy of the ATO advice, go here

 


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