Hi Wombat
I think it is possible that you may have mis-understood your accountant's letter. It is my understanding that the report is event-based which means you only have to submit a T-BAR form to the ATO if an event takes place which affects your Transfer Balance.
Cap. So if you were in pension phase on 1/7/2017 (or later) you would have to lodge a T-BAR form now but after that never again until an event takes place which affects your Transfer Balance Cap. So if I am correct this is one change to the super laws which is not going to cost you very much at all.
After you have made your own enquiries I would be very interested in the outcome.
Regards
NANDINA
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- Lodge your T-BAR form with ATO now
Hi Wombat I think it is possible that you may have...
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