To meet the requirements of an excess concessional contributions release authority

/To meet the requirements of an excess concessional contributions release authority
To meet the requirements of an excess concessional contributions release authority2018-11-06T15:31:34+00:00

To meet the requirements of an excess concessional contributions release authority

As a result of the excess concessional contributions penalty tax system ceasing members of a super fund that receive a notice of excess concessional contributions determination from the ATO can elect to release up to 85% of the amount of the excess concessional contribution.