Downsizer superannuation contributions are amounts a fund receives from eligible members who have sold an eligible dwelling.
You must have processes in place to correctly classify downsizer superannuation contributions in MATS. Eligible downsizer contributions need to be reported in the MATS non-employer transaction type field as proceeds from primary residence disposal. They cannot be reported as personal contributions.
Incorrect reporting may negatively impact a member’s contribution caps.
For more information, refer to Downsizer contributions.
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