06 Jun 2019 Fixing incorrectly issued excess non-concessional contributions determinations
The ATO has recently identified a system error that inadvertently led them to issue incorrect pre-dated excess non-concessional contributions determinations to clients.
To remediate this error, the ATO will:
- extend the election due date for affected clients
- continue to directly assist you and your clients
- modify their systems to resolve the issue long-term
- provide updated information to our contact centres so they can provide the latest advice to you and your clients.
The ATO will extend the election dates for all affected clients so this issue will not disadvantage them. They will not take default action in relation to these affected clients who do not make their election by the due date.
More information can be found here.