ATO To Start Clearing Backlog Of ENCC Release Authorities

ATO To Start Clearing Backlog Of ENCC Release Authorities

Due to “unavoidable delays caused by improvements to” its systems, the ATO will start issuing requests to release excess contributions and other charges for individuals who did not make an election on the tax treatment of their excess non-concessional contributions (‘ENCC’) for prior financial years.

This may result in a higher than normal number of release authorities for members of superannuation funds over the coming months while the ATO works through the backlog.

 

DO YOU HAVE QUESTIONS ABOUT EXCESS NON-CONCESSIONAL CONTRIBUTIONS?

CALL (08) 9248 8124 NOW OR SIMPLY FILL IN THE FORM BELOW

Warren Kruger

Specialist Tax Consultant - “Helping YOU Pay The Correct Tax And Not A Penny More”. My story starts on Christmas Eve, back in 1983 in South Africa.

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