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  • Increased ENCC release authorities

    Due to unavoidable delays caused by improvements to our systems, we are about to start issuing requests to release excess contributions and other charges for clients 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 your members over the coming months while we work through the backlog.

    We apologise for any inconvenience. We are issuing these release authorities across the next few months to minimise the impact on funds

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      Last modified: 13 May 2022QC 69601