You must report the 30 June account balances and other annual amounts for your members by 31 October using the Member account transaction service (MATS).
This includes super accumulation account balances, notional taxed contributions, and defined benefit contributions. These amounts help us assess defined benefit amounts and excess transfer balance debts. If there's no account balance, report a zero value in the mandatory account balance field.
Before lodging your annual member account data through MATS, make sure you've reported each active member’s account through the Member account attribute service (MAAS) and that the member's identity details match.
If a defined benefit member closes their account before 30 June because of a successor fund transfer (SFT), the transferring fund must report pro-rata notional taxed contributions and defined benefit contributions. You must also enter a zero balance for the 30 June account field, as it's mandatory.
It's also important to correctly report defined benefit contributions for members with an existing Division 293 debt. This helps us accurately assess whether the debt still applies.
You must correct a 30 June account balance within 30 days of becoming aware of an error or omission. Amendments can be made by either:
- Cancelling the original transaction and submitting a new MATS form with the correct information.
- Overwriting the amounts reported and lodging a MATS with the corrected figure using the same balance date.
When making amendments, super accumulation account balances, notional taxed contributions or defined benefit contribution amounts will default to zero. To avoid any adverse impacts on your member calculations, you should re-enter the amounts originally reported along with the corrected balance.
If you need assistance with re-reporting, you should lodge an enquiry using the Super Enquiry Service.
For more information, see Annual obligations and balance amounts.
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