• Superannuation Communique March 2017

    Contribution standard v2.0 – bringing government contributions into SuperStream

    Contributions Implementation Working Group

    We have begun work in partnership with industry to incorporate government contributions into the SuperStream standard with the first meeting of the Contributions Implementation Working Group (CIWG) on 23 February 2017.

    The Rollovers Implementation Working Group (RIWG) has been re-formed as the CIWG to support the implementation of the contribution standard v2.0. To join the CIWG, please email SuperStreamStandards@ato.gov.au.

    The CIWG will meet fortnightly, with the next meeting scheduled for Thursday 9 March 2017.

    Information about the CIWG including meeting notes and presentations will be published on the SuperStream standard working groupsExternal Link page.

    New and updated documentation

    Documents to support contributions v2External Link testing and implementation are frequently updated and published to the Software Developers’ Homepage.

    • Documents updated this week include:
    • Member Registration and Contributions User Guide
    • Contributions Version 2.0 Conformance Testing Guide
    • Contributions Test Data
    • Contributions Schematron
    • Contributions Message samples.

    Updated SuperStream web content for software developers

    We have begun a process of updating SuperStream content and simplifying page navigation for superannuation pages on the ATO Software Developers’ HomepageExternal Link.

    The new structure provides up-to-date information for:

    We will review and update more SuperStream content throughout March. We encourage you to check for updates regularly and to update your browser links.

    We will also use our Let’s TalkExternal Link platform to improve the way we communicate and engage with you during contributions v2.0 implementation. We’ll provide an update to CIWG members soon.

    Surcharge assessment run May 2017

    Member Contribution Statement (MCS) and Assessment Variation Advices (AVAs) must be received by the ATO no later than Friday 17 March 2017 to be included in the May 2017 Surcharge run.

    AVA’s should be lodged electronically wherever possible using Electronic Commerce Interface (ECI).

    Information about lodging AVAs electronically can be found on the software developers homepageExternal Link. We encourage you to refer to the Outcome of Lodgement Report if you experience any difficulties in lodging. If you are still unable to lodge please contact SuperCRT@ato.gov.au with full details of the problem.

    AVAs lodged outside electronic channels will not meet the cut-off requirements for the May 2017 Surcharge Assessment run as the ATO's service commitment to process these forms is currently 50 business days.

    USM statements April lodgment

    Unclaimed superannuation money (USM) statements are due for lodgment by 1 May 2017.

    With your help, we have seen fewer errors over the last two lodgment periods. Below is a reminder of the more common errors, as well as how to lodge correctly and avoid processing delays for your statements.

    Please ensure this information is forwarded to the relevant people in your organisation.

    Please ensure:

    • the supplier’s name and ABN reported on the statement match
    • the provider’s name and ABN reported on the statement match
    • the scheduled statement day is correct for this lodgement - this should be Sunday 30 April 2017. Please note that while you have until Monday 1 May 2017 to lodge and pay, you must enter 30 April 2017 as the scheduled statement date
    • the number of members reported and duplicate members
    • that each member has the correct status.

    How to lodge

    • Only lodge one statement per ABN per day - it is good practice to lodge statements with the most child forms first to ensure these are processed without delay.
    • Although the USM statement is due on a specific date you can lodge anytime from when the period ends - i.e. any time after 31 December 2016.
    • Minimise the number of statements you lodge by collating as many member records as possible. This will help us to process your lodgments more quickly.
    • The unclaimed money date is 31 December 2016.
    • Scheduled statement day is 30 April 2017.
    • File creation dates should be different. When lodging one statement per day, enter the date of lodgments as the file creation date. Our system cannot process two files with the same creation date because it sees the files as duplicates.

    Amendments

    • If you discover an error, contact us or use online services to confirm it has been processed before lodging an amendment.
    • When lodging an amendment, use the date you submit the amendment as the lodgment date, not the date of the original lodgment.

    Payments

    During the October lodgment period we had a number of issues with funds using incorrect Payment Reference Numbers (PRN). It is important to use the correct Head of Revenue (HOR) to avoid delays in your statement being processed. To ensure you are using the correct HOR (e.g. for USM reporting the HOR is 29) you can view the 'pay now' option on your online transactions via the portal.

    You can check your lodgment and payment on our online transactions through the business portal. Please allow for processing time before checking. If you notice a discrepancy please email CASUSMProductTeam@ato.gov.au for assistance. Please do not attempt to re-lodge.

    For help with lodging your April 2017 statement please email CASUSMProductTeam@ato.gov.au.

    SuperStream rollover return payments

    When you receive a rollover payment in the SuperStream standard and you wish to return all or part of the payment, you must return it via the new SuperStream bank account. If you use another bank account it will cause delays in the payment being returned to the member.

    Granting access to AUSkey holders to view your superannuation transactions online

    You can now grant access to online superannuation transactions via the Business Portal for Standard AUSkey holders.

    Any Administrator AUSkey holder can now assign permission to the Standard AUSkeys following the process below:

    1. Admin AUSkey holder logs into Access Manager (as the Intermediary)
    2. Select 'Whose business I can access?’
    3. Select a fund they have access to (and view permissions granted to them)
    4. Select 'View authorised credential holders'
    5. Select the relevant user to authorise
    6. If AUSkey is not listed, select 'Authorise new credential holder'
    7. Select the relevant user to authorise
    8. Tick 'View statement of account' permission
    9. Select the Save button

    Avoiding SuperTICK errors

    We remind SuperTICK users to ensure the ‘name’, ‘address’ and ‘date of birth’ information is complete and conforms to the ATO’s validations rules. This will reduce the likelihood of messages being rejected and will increase successful matching.

    An increasing number of SuperTICK requests are failing initial validation rules due to poor or incomplete data. The most common errors include:

    • Code: CMN.ATO.GEN.000406
    • Description: Line 1 of address details includes 'C/O', 'C/', 'Care of' or 'CO'
    • Code: CMN.ATO.GEN.410131
    • Description: Other given name includes characters other than letters 'A-Z'
    • Code: CMN.ATO.GEN.000423
    • Description: Family name contains ' - '
    • Code: CMN.ATO.GEN.000448
    • Description: Other given name contains 'ESQ', 'II, 'III', 'IV', 'JNR', 'JP', 'MHA', 'MHR', 'MLA', 'MLC, 'MP', 'QC' or 'SNR'

    Ensuring your SuperTICK information conforms to ATO validation will increase successful matching, prevent error responses and provide a faster response.

    New tax rates for DASP, including working holiday makers

    New tax rate for working holiday makers

    As part of the Working Holiday Maker Reform Package, the government passed legislation to increase the tax rate applied to the departing Australia superannuation payment (DASP) for working holiday makers.

    From 1 July 2017 a new tax rate of 65 per cent applies to superannuation contributions made while a person is a working holiday maker on visa subclasses 417 (Working Holiday) and 462 (Work and Holiday).

    To prevent members from unnecessarily paying the higher tax rate applicable from 1 July 2017, super funds should download DASP forms and process them as soon as possible.

    DASP tax rate changes

    The removal of the Temporary Budget Repair Levy from 1 July 2017 means the tax rates for DASP will change. DASP tax rates are currently:

    • 0% for the tax-free component
    • 38% for a taxed element of a taxable component
    • 47% for an untaxed element of a taxable component

    The tax rates that will apply to DASP from 1 July are:

    • 0% for the tax-free component
    • 35% for a taxed element of a taxable component
    • 45% for an untaxed element of a taxable component
    • 65% for a Working Holiday Maker applied to both the taxed and untaxed element of the taxable component.

    See also:

    Unclaimed superannuation money (USM) data file error

    We are aware of a problem in which a number of unclaimed superannuation money (USM) data files have failed to process due to Gateway validation issues. This problem occurs when the data file has one or more members with postcode formatting issues in the USM data file.

    This means that when the ATO notifies individuals that their entitlements have been transferred to their super fund, this is actually incorrect because the file can’t be processed.

    We have identified which funds are affected by this problem and have implemented an interim solution to identify and exclude affected members from future aggregation runs. Meanwhile we are working to update our system to accommodate the validation checks to ensure this problem doesn’t occur in the future.

    We will provide further updates as they become available.

    If you have questions, please email SuperCRT@ato.gov.au.

    Monthly superannuation remittance and recovery processing schedule

    The ATO superannuation processing schedule for March and April 2017 is outlined below.

    March 2017

    Week commencing

    Low Income Superannuation Contribution (LISC) recovery

    Monday 06 March

    First Home Saver Account (FHSA) remittance advice

    Monday 06 March

    Unclaimed Super Monies (USM) remittance

    Monday 06 March

    Co-contributions Remittance

    Monday 06 March

    Unclaimed Super Monies (USM) recovery

    Monday 13 March

    Super Guarantee recovery notice (ICP)

    Monday 13 March

    Super Guarantee remittance advice (ICP)

    Monday 13 March

    Superannuation Holding Account special account (SHAsa)remittance advice

    Monday 20 March

    Unclaimed Super Monies (USM) remittance

    Monday 20 March

    Low Income Superannuation Contribution (LISC) remittance advice

    Monday 20 March

    Unclaimed Super Monies (USM) remittance

    Monday 27 March

    Co-contributions recovery

    Monday 27 March

     

    April 2017

    Week commencing

    Low Income Superannuation Contribution (LISC) recovery

    Monday 03 April

    Unclaimed Super Monies (USM) remittance

    Monday 03 April

    First Home Saver Account (FHSA) remittance advice

    Monday 10 April

    Co-contributions Remittance

    Monday 10 April

    Unclaimed Super Monies (USM) recovery

    Monday 17 April

    Unclaimed Super Monies (USM) remittance

    Monday 17 April

    Super Guarantee recovery notice (ICP)

    Monday 17 April

    Super Guarantee remittance advice (ICP)

    Monday 17 April

    Superannuation Holding Account special account (SHAsa)remittance advice

    Monday 24 April

    Unclaimed Super Monies (USM) remittance

    Monday 24 April

    Low Income Superannuation Contribution (LISC) remittance advice

    Monday 24 April

     

      Last modified: 08 Mar 2017QC 51440