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  • CRT Alert 009/2021

    Administrative arrangements for COVID-19 re-contribution amounts

    Individuals can now re-contribute amounts they withdrew under the COVID-19 early release of super (ERS) program without them counting towards their non-concessional cap.
    To help you administer this program, we have provided some information below.

    Important information

    • COVID-19 re-contribution amounts are not a new type of contribution, rather a personal contribution that receives a treatment to exclude it from an individual’s non-concessional contribution cap.
    • The ATO will be applying the treatment to exclude eligible COVID-19 re-contributions from the non-concessional contribution cap calculation.
    • Individuals can make COVID-19 re-contribution amounts to any fund of their choice where the fund rules allow.
    • Each COVID-19 re-contribution amount must be detailed on a separate approved form and must not exceed $20,000 per approved form.

    What do you need to do
    Once you receive an approved form and COVID-19 re-contribution that you can accept subject to the specific rules of your fund, you need to:

    • Report the COVID-19 re-contribution amounts to the ATO via MATS as a personal contribution (as is currently required).
    • Periodically (monthly) provide the ATO information from the approved form.
      • You will not be required to provide nil lodgment reports.
       
    • We are working through the process for SMSFs and will advise that in due course.

    What information do we need you to record and send to the ATO

    The ATO requires you to capture the following information from the COVID-19 re-contribution approved form.

    Field

    Data Type

    Field Length

    Mandatory

    Member's TFN 

    Integer

    9

    Y

    Family Name

    String

    38

    Y

    First Given Name

    String

    38

    Y

    Other Given Names

    String

    38

    N

    Contributor's Date of Birth

    String

    8

    Y

    Member account number

    String

    16

    Y

    Unique Superannuation Identifier (USI)

    String

    16

    Y

    Date of Contribution

    String

    8

    N

    Contribution Amount

    Decimal

    5,2

    Y

    Declaration Signed

    String

    3

    Y

    Date of Declaration

    String

    8

    Y

    How do you send information from the form to the ATO

    • The ATO is developing the functionality for you to use the Bulk Data Exchange facility via the Business Portal. 
    • Until this is in place, we need to you record and hold this information.
    • We will advise you when you can send it to us. 

    The ATO expects to have the COVID-19 re-contribution approved form and information for individuals and funds available on ato.gov.au by the end of August.
    If you have further enquiries on this matter, lodge a request using the Super Enquiry ServiceExternal Link.

      Last modified: 16 Aug 2021QC 66616