Section 20C notices issued from today
From today, the Austrailan Taxation Office will be issuing Section 20C notices for the period 1 July to 31 December 2022, with a due date of 1 May 2023.
Requests for lodgment and payment deferrals for any component such as small lost members or former temporary residents, are required before lodging any other unclaimed superannuation money (USM) statements for that period.
Revocation requests should be lodged as soon as possible for notices issued for individuals advisers think were incorrectly identified as former temporary residents. This will enable the ATO to review the matter and revoke the notice if appropriate.
For any further enquiries on this matter lodge a request using the Super Enquiry Service.
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