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  • How to complete a paper report

    The following information will help you complete a paper report. These instructions are in the same order as the questions on the report. For information on the terms used in these instructions, see Definitions.

    On this page:

    Section A: Member details

    Complete the information in Section A accurately to avoid delays in updating your member’s transfer balance account.

    1 Tax file number (TFN)

    Enter your member’s TFN. You don’t have to provide your member’s TFN to us, however, it will help us identify your member correctly and process your report quickly.

    2 Name

    Enter your member’s full name.

    3 Date of birth

    Provide your member’s date of birth to avoid delays in processing your report.

    4 Current residential address

    Enter your member’s residential address.

    Section B: Cancellation

    5 Are you cancelling a previous transfer balance report?

    If you are cancelling a report, complete the report with exactly the same details as the event originally reported. If you originally reported multiple events, only include the details of the events you wish to cancel and clearly mark the Yes box in Section B.

    If you leave this section blank we will treat this as a new report.

    Section C: Fund/Supplier/Provider details

    You are an intermediary/supplier if you have been authorised by the provider to supply information and complete this statement on behalf of the provider. You may be a tax agent, accountant, administrator or other authorised person.

    If you are an SMSF trustee completing this report on behalf of your member, leave questions six and seven blank.

    6 Intermediary/Supplier name

    Enter the intermediary or supplier name.

    7 Australian business number (ABN)

    Enter the ABN of the intermediary or supplier.

    Your contact details are required in case we need to speak with you about details supplied in this report. Enter your contact details in Section G.

    8 Fund/Provider name

    Enter the income stream provider/fund name.

    The provider is the particular super fund, approved deposit fund (ADF), retirement savings account (RSA), or life insurance company that holds the account for the member.

    9 Fund/Provider ABN

    Enter the income stream provider/fund ABN.

    10 Fund/Provider TFN

    Enter the income stream provider/fund TFN.

    You don’t have to provide the TFN to us, however, it will help us identify the provider correctly and process your report quickly.

    Section D: Reporting event

    This section asks for the details of each event you are reporting. You must complete this section so we can process your information.

    You can report:

    • one event per report if you are reporting either a      
      • child death benefit income stream
      • child reversionary income stream
    • a maximum of four events for a member per report otherwise.

    You need to specify the event type for each event you are reporting on the report, even if each event is same type.

    If you have more events to report you should lodge multiple reports.

    11 Reporting event

    Select the event type you are reporting.

    If you are reporting a transfer balance cap event and it is:

    • an event that occurred in response to a commutation authority we issued, go to question 12 and if it is        
      • a commutation authority – commuted in full, also answer questions 17–24
      • a commutation authority – commuted in part or the maximum available release amount is nil, also answer questions 17–24 (Note: Commutation authority – defined benefit is to be used in relation to defined benefit income streams)
      • a commutation authority – deceased, no further information is required
      • a commutation authority – defined benefit, no further information is required
    • a retirement phase income stream that commenced prior to 1 July 2017, go to question 13
    • an retirement phase income stream that commenced on or after 1 July 2017, go to question 13
    • a Limited recourse borrowing arrangement repayment, go to question 13
    • any other transfer balance cap event (including member initiated commutations), go to question 14.

    If the event is related to other information regarding the:

    • total super balance of a member, go to question 15
    • concessional contributions (notional taxed contributions) of a member, go to question 16.

    If you are unsure which event to select, contact us.

    12 Commutation authorities

    A Commutation authority is a notice the Commissioner issues to a super income stream provider requiring the provider to commute an amount from a specified super income stream.

    In addition to sections A, B and C, you need to answer the following questions for commutation authority event types.

    Questions to answer for commutation authority event types

    Event type

    Questions you need to complete

    Commutation authority – commuted in full

    17–24

    Commutation authority – commuted in part or the maximum available release amount is nil

     

    Note: Commutation authority – defined benefit is to be used in relation to defined benefit income streams

    17–24

    Commutation authority – deceased

    No further information is required

    Commutation authority – defined benefit

    No further information is required

    13 Pre-existing or new income stream events or a limited recourse borrowing arrangement (LRBA) repayment

    In addition to sections A, B, C and G, you need to answer the following questions for pre-existing income streams, new income stream events or LRBA repayments.

    Questions to complete for pre-existing income streams, new income stream events or LRBA repayments

    Event type

    Questions you need to complete

    Super income stream

    17–24

    Reversionary income stream

    17–24

    LRBA repayments (LCR 2016/9)

    17–24

    Child death benefit income stream

    17–24

    25–27 (details of the deceased person)

    Child reversionary income stream

    17–24

    25–27 (details of the deceased person)

    If you select either child death benefit income stream or child reversionary income stream you must complete Section F and can only report one event in a single report.

    14 Other transfer balance cap events

    If your member has voluntarily requested that you commute an amount, select the Member commutation event type. Do not use this event type if you are responding to a commutation authority from us. You need to answer question 12 if you are responding to a commutation authority.

    In addition to sections A, B, C and G, you need to answer the following questions for other transfer balance cap events.

    Questions to answer for other transfer balance cap events

    Event type

    Questions you need to complete

    Member commutation

    17–24

    Income stream stops being in retirement

    17–24

    Structured settlement – post 1 July 2017

    17–24

    15 Total super balance

    This question does not relate to the member's transfer balance cap. Only complete this answer if you are reporting information for your member’s total super balance.

    Reporting the SMSF member accumulation phase value (APV) at question 15 on the TBAR is required only in specific scenarios for 30 June 2017. If an APV is supplied, the SMSF annual return closing account balance will not be utilised for calculating APV for total superannuation balance (TSB) purposes.

    The APV is required to ensure correct calculation of the TSB. The TSB consumes APV, annual return account balances, transfer balance account amounts, rollovers, and structured settlement amounts.

    APV reporting for 30 June 2017 is due by 8 September 2018.

    APV reporting instructions

    Each rule below applies independently to each member in an SMSF. Determine which of the following scenarios applies to each member:

    • Scenario one – member has accumulation phase interests only at 30 June 2017 in that SMSF    
      • APV is required where the difference between the APV and the closing account balance reported on the SMSF annual return is not limited to the value of the administration and exit fees and realisation costs if the member was to voluntarily cease the interest.
    • Scenario two – member has retirement phase interests only at 30 June 2017 with account-based pensions only and no flexi pensions in that SMSF    
      • APV is not required as SMSF closing account balance is equal to the TBA balance at 1 July 2017.
    • Scenario three – member has retirement phase interests only at 30 June 2017 with at least 1 non-account-based pension or account-based flexi pension in that SMSF    
      • APV is required for the member to ensure the SMSF annual return closing account balance is not consumed. APV value to be supplied is zero.
    • Scenario four – member has accumulation phase and retirement phase interests at 30 June 2017 with account-based pensions only and no flexi pensions in that SMSF    
      • in most instances an APV is not required to be reported
      • only provide an APV where the difference between the APV and the closing account balance reported on the SMSF annual return is not limited to the value of the administration and exit fees and realisation costs if the member was to voluntarily cease the interest.
    • Scenario five – member has accumulation phase and retirement phase interests at 30 June 2017 with at least one non-account-based pension or account-based flexi pension in that SMSF    
      • APV is required for the member to ensure SMSF annual return closing account balance is not consumed.

    In addition to sections A, B, C and G, you need to answer the following questions for total super balance event types.

    Questions to answer for total super balance event types

    Event type

    Questions you need to complete

    Accumulation phase value

    17–24

    Retirement phase value for 30 June 2018

    17–24

    16 Concessional contributions

    Only use this table if you are reporting information for your member’s notional taxed contributions.

    In addition to sections A, B, C and G, you need to answer the following questions for concessional contributions event types.

    Questions to answer for concessional contributions event types

    Event type

    Sections you need to complete

    Notional taxed contribution

    17–24

    17 Effective date

    If the Reporting event type is commutation authority – deceased or commutation authority – defined benefit, leave this question blank. If the Reporting event type is commutation authority – commuted in part and no commutation has occurred, leave this question blank.

    Enter the effective date.

    Refer to the below table to help you determine the effective date.

    Effective dates for event types

    Event type

    Effective date

    Super income stream

     

    The starting date of the income stream. If the income stream started prior to 1 July 2017 then enter 30/06/2017.

    Child death benefit income stream

    The starting date of the income stream. If the income stream started prior to 1 July 2017 then enter 30/06/2017.

    Reversionary income stream

     

    If paid on or after 1 July 2016 – the date of the death of the original member.

    If paid prior to 1 July 2016 use super income stream or child death benefit income stream and the effective date will be 30 June 2017.

    Child reversionary income stream

    If paid on or after 1 July 2016 – the date of the death of the original member.

    If paid prior to 1 July 2016 use super income stream or child death benefit income stream and the effective date will be 30 June 2017.

    Member commutation

     

     

     

    When the income stream was commuted or stopped being in the retirement phase.

    Commutation authority commuted in full

    When the income stream was commuted in full or stopped being in the retirement phase.

    Commutation authority – commuted in part

    When the income stream was commuted in part or stopped being in the retirement phase.

    Income stream stops being in retirement phase

    When the income stream stopped being in the retirement phase.

    Limited recourse borrowing arrangement repayment

    The date the loan repayment was made.

    Structured settlement – post 1 July 2017

    The date the contribution was made

    Accumulation phase value

     

    The date the value of the interest is determined. 30 June of the relevant year.

    Retirement phase value

    The date the value of the interest is determined. 30 June of the relevant year.

    Notional taxed contribution

    30 June of the year you are reporting for.

    18 Value

    If the Reporting event type is Commutation authority – deceased or Commutation authority – defined benefit leave this question blank and go to Section G.

    Enter the relevant value in Australian dollars and cents to two decimal places. The value can only be a positive amount.

    Refer to the below table to help you determine the value you need to report.

    Values by account type

    Account type

    Value

    For account-based income streams that existed before 1 July 2017

    The value of the super interest that supports the super income stream just before 1 July 2017.

    For account-based income streams that started on or after 1 July 2017

    The commencement value of the new super income stream on the commencement date. This includes the date an income stream that was previously not in retirement phase commenced in retirement phase.

    For capped defined benefit income streams that existed before 1 July 2017

    The special value of the super interest that supports the income stream just before 1 July 2017.

    For capped defined benefit income streams that started on or after 1 July 2017

    The special value of the super interest that supports the income stream on the commencement date.

    For limited recourse borrowing repayments

    The credit arising from the loan repayment.

    For full and partial commutations of an account-based super income stream

    The amount of the super lump sum.

    For full commutations of a capped defined benefit income stream

    The debit value, just before the super lump sum is paid, of the super interest that supports the capped defined benefit income stream.

    For partial commutations of a capped defined benefit income stream

    The debit value, multiplied by the following formula:

    1 − (special value just after commutation ÷ special value just before commutation).

    For a structured settlement contribution

    The value of the contribution made to a complying super fund when notifying the provider that it is to be excluded from the non-concessional contributions cap.

    For a super income stream that stops being in the retirement phase

    The value of the super interest at the relevant time.

    For accumulation phase 30 June value

    The value of the superannuation interest that would become payable if the individual voluntarily caused the interest to cease at that time.

    For retirement phase 30 June value

    The value of the superannuation interest that would become payable if the individual voluntarily caused the interest to cease at that time.

    For notional taxed contributions

    The uncapped notional taxed contributions amount for the relevant financial year.

    See also:

    19 Commutation details

    Only complete this question if the Reporting event at question 12 is either:

    • Commutation authority – commuted in full
    • Commutation authority – commuted in part.

    Select Yes if, when taking action in response to a commutation authority we issued, the commutation was paid directly to the member. For example, the amount was paid as a lump sum to the member and taken out of the super system.

    Select No if, when taking action in response to a commutation authority we issued, the commutation was retained in the super system. For example, the amount was commuted to an accumulation account.

    If unknown, leave blank.

    Section E: Member account details

    20 Member account type

    This question must be blank if the Reporting event type is:

    • commutation authority – deceased
    • commutation authority – defined benefit
    • accumulation phase value
    • notional taxed contributions
    • structured settlement post 1 July 2017
    • a limited recourse borrowing arrangement repayment.

    For all other reporting event types this question is mandatory.

    If the Reporting event type is Retirement phase value the account type must be either:

    • an account-based income stream
    • a market-linked capped defined benefit income stream.

    Use the below table to assist in determining which account type to select.

    Descriptions of account types

    Account type description

    Definition

    Account-based income stream

    Commonly referred to as account-based income streams, any retirement phase income streams that are not a capped defined benefit income stream.

    This includes market linked income streams commenced on or after 1 July 2017.

    Capped defined benefit income stream just before 1 July 2017

    Capped defined benefit income stream (other than a market-linked capped defined benefit income stream) that is in existence just before 1 July 2017:

    • lifetime pension SISR 1.06(2)
    • lifetime annuity SISR 1.05(2)
    • life expectancy pension SISR 1.06(7)
    • life expectancy annuity SISR 1.05(9)
    • any other equivalent types of income streams as specified in the law.

     

    Market-linked capped defined benefit income stream just before 1 July 2017

    Market-linked capped defined benefit income stream that is in existence just before 1 July 2017:

    • market-linked pension SISR 1.06(8)
    • market-linked annuity SISR 1.05(10)
    • market-linked pension RSAR 1.07(3A)
    • any other equivalent types of life income streams as specified in the law.

     

    Capped defined benefit income stream on or after 1 July 2017

    Capped defined benefit income streams starting on or after 1 July 2017:

    • lifetime pension SISR 1.06(2)
    • any other equivalent types of income streams as specified in the law.

     

    21 Is the account closed?

    Select the appropriate answer.

    22 Unique superannuation identifier (USI)

    If you do not have a USI leave this question blank.

    Enter your member’s USI.

    The USI is attributed by the provider to the member’s account. The USI must be an identifier previously given by the provider to the ATO for the purposes of the Fund Validation Service (FVS) and regulation 3B.03 of SISR.

    23 Member account number

    Enter your member’s account number.

    This is the account number allocated by a provider (fund) to identify a member's account in the fund.

    Where the member is a member of an SMSF:

    • an account number needs to be provided for each of your member’s accounts. For example, if a member has two retirement phase income stream accounts as at 1 July 2017, a retirement phase income stream value will need to be reported for each account, and each account will need to be identified by a unique account number
    • the account number needs to be consistent for events in relation to a particular income stream – for example, if a member starts and then commutes an income stream, the same member account number needs to be reported to ensure we record the amounts correctly for the member.

    24 Member client identifier

    If you do not have a member client identifier leave this question blank.

    Enter your member’s client identifier.

    This is the number used by the fund to uniquely identify their member. It may be assigned by a provider to link all accounts the member holds within the organisation.

    Where the member is a member of an SMSF, only one client member number should be provided for your member. This must be consistent in all reports you provide for that member.

    For example, if a member has two retirement phase income stream accounts as at 1 July 2017, you must complete two reports with the same member client number.

    Section F: Third party details

    If the Reporting event type is child death benefit income stream or child reversionary income stream you must complete this question.

    If you have multiple events and one of them is a child death benefit income stream or child reversionary income stream, the child death benefit income stream or child reversionary income stream event must be on its own separate report.

    Third party information is required when a fund commences to pay an income stream for the first time to a child death benefit beneficiary. In all instances the third party is the deceased person.

    25 TFN

    Complete this question with the deceased person's TFN. You do not have to provide the deceased’s TFN to us; however, it will help us process the report quickly.

    26 Name

    Enter the deceased person's full name.

    27 Date of birth

    Enter the deceased person's date of birth.

    Section G: Declarations

    There are two declarations on this report – one for super providers and one for an agent or authorised officer. Complete the declaration that applies to you. Enter your full name, then sign and date the declaration.

    Superannuation provider declaration

    Complete this declaration if you are the provider shown in question 8.

    Agent or authorised officer declaration

    Complete this declaration if you are the authorised representative of the provider shown in question 6.

    Supporting information

    If you have problems lodging your report you can contact us by email at SuperConsultation@ato.gov.au

    See also:

    Last modified: 08 Jun 2018QC 53363