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15 Oct 2020 Superannuation

USM technical receipts and correct use of PRNs

Changes have been implemented as per the Data and Payment Standards PRNs within a 12-month period in different USM data messages.

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SAN misuse mailout completed

In early September 2020, the ATO commenced the SAN misuse mailout for the 2019 income year. This has now been completed.

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Clarification on reporting death benefit rollovers and paying death benefits after a rollover

This article provides clarification to superannuation providers regarding their obligations when reporting death benefit rollovers.

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Super processing schedule

ATO superannuation remittance and recovery processing schedule for October and November 2020.

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Self-managed super fund quarterly statistical report - June 2020

Statistical report for the self-managed super fund market for the period up to June 2020.

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The ATO compliance approach to the new Independence Guide and in-house SMSF audits

Auditing firms will need to overcome some hurdles to meet the requirements of the new Independence Guide when performing in-house self-managed super fund audits.

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Highlights: SMSF quarterly statistical report June 2020

Read the highlights from the ATO June 2020 quarterly statistical report on self-managed super funds.

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