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ATO issues administrative arrangements for COVID-19 recontribution amounts

The ATO has flagged new administrative arrangements for individuals wanting to recontribute amounts they withdrew under the COVID-19 early release of super (ERS) program.

ATO issues administrative arrangements for COVID-19 recontribution amounts
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ATO issues administrative arrangements for COVID-19 recontribution amounts

Individuals can now recontribute amounts they withdrew under the COVID-19 early release of super (ERS) program without them counting towards their non-concessional cap.

Read more at SMSF Adviser.

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