What are the 3 unique data points?
Member Number
Beneficiary
Employer
What is the concessional cap?
27500
What is the Non-concessional cap?
110000
What does FHSSS stand for?
First Home Super Saver Scheme
What details can be updated over the phone?
Contact Details
Non-binding beneficiaries
TFN & TFN consent
Member's prefix
Spelling error of maximum 2 letters
What do you need to confirm for an authenticated call?
Full name of the member.
Enumerate financial year quarters.
Q1 - Jul to Sep
Q2 - Oct to Dec
Q3 - Jan to Mar
Q4 - Apr to Jun
I was born on 05/05/1949. Can I make a voluntary member contribution from my bank account to my super?
Yes, I can as it is within the 28 days.
What is the cap for CGT for FY 22-23?
$1,650,000
How might a name mismatch error occur on an account?
When an employer uses member's nickname.
Spelling errors.
Using an english name.
How many MEMBER points of ID do you need to verify a Guardianship/Administration order?
4 points of Member ID including a unique point of ID.
What contributions cannot be split?
I gave money to my spouse's super account. Can I claim that for NOITC purposes?
No, you can only do an NOITC for personal contributions.
I made only personal contributions and claimed them under NOITC. Am I still eligible for FHSSS?
No, but best to confirm with the ATO.
What are the requirements for a Statutory Declaration?
I have failed to answer 4/7 secondary questions to reset my password. How many other secondary questions can I ask?
0 questions.
Explain NOITC process in detail.
Contribute.
Send NOITC.
Recieve confirmation Letter.
Submit Tax return to ATO.
Before EOFY.
NCC can only be accepted by a super fund if the member has provided ________________.
Tax file number
Possible reasons for failed consolidation.
TFN not matching.
Member details not matching.
Other account is closed.
Can I use a minor name correction if a member's COMD form was rejected?
No as member was rejected.
When I answer a TPA call, what must I leave on the account?
You must leave the respective TPA code.
Can you increase an NOITC via a Variation?
No, member can submit another NOITC to claim the difference.
Where do I see my BPAY details
Details tab on CCP
If I have been approved for FHSSS, but I change my mind and don't want to buy a house, what can I do?
Put the money back to the super fund.
How many days will a certification be considered valid?
6 months