R3 No-TFN quoted contributions

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This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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Show at R3 all employer contributions received that were for a member who has not quoted a TFN.

The fund will be liable for an additional tax at a rate of 31.5% on these contributions for complying superannuation funds and 1.5% for non-complying superannuation funds. The effect of the additional tax is that the no-TFN quoted contribution is subject to an overall tax rate of 46.5%.This additional tax must be paid regardless of any tax offsets and amounts the fund may have transferred under R6.

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See Example 5 for an illustration of how this additional tax must be applied.

R3 is used to determine R Assessable contributions.

Show additional tax payable as a result of a member not providing a TFN at JNo-TFN quoted contributions tax item 12 and at include it in B Gross tax item 12.

If a member subsequently quotes their TFN, a tax offset can be claimed at F5 Credit: no-TFN tax offset, but only in respect of the additional tax paid on no-TFN quoted contributions (31.5% for complying superannuation funds and 1.5% for non-complying superannuation funds) in one of the most recent three income years. See instructions at F5 for details.