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02 Mar 10 SuperUpdate March 2010

The ATO has published its SuperUpdate newsletter for March 2010. Topics covered by the newsletter include the following:

  • Guidance to funds on processing rollovers
  • Common misunderstandings identified during recent no-TFN compliance activities
  • Departing Australia superannuation payments under $200 are taxable
  • What to do if a member calls about an excess contributions tax (ECT) pre-assessment letter
  • Report your lost and found members by 30 April 2010
  • Changes to unclaimed superannuation money and lost member accounts
  • Tracking down lost and unclaimed super
  • Update on the issue of notifications of incorrect and invalid TFNs during 2010
  • Super dates


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