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  • Changes to the member verification service

    Currently super funds must use the self-managed super fund (SMSF) member verification service (MVS) to confirm that the person requesting a rollover to an SMSF is a member of that SMSF. The MVS can be accessed via the Business Portal using myGovID.

    As part of our commitment to digital improvements, we are implementing the new SMSF verification service (SVS) to assist funds with their requirements to validate SMSFs and their member when processing a rollover.

    Super funds will have until the end of September 2021 to start using the SVS, and we are aware that some funds will require this full period to transition.

    To help with this transition, the online MVS function will remain available to super funds until COB 24 September 2021 from the Online services for business log in page.

    Currently, funds need to select "Login to the Business Portal" from the Online services for business login page to access the MVS. From the end of July, the Business Portal will retire and an option to "Login to use SMSF member verification services" will be available for funds to select from the Online services for business login page.

    Online services for business remains the preferred option to interact with us, and is an easy way to lodge your BAS, create payment plans, and communicate with us via secure mail.

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      Last modified: 28 Jun 2021QC 65964