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Data delays on crucial superannuation information

The tax office has extended its timeline for making data available to tax agents related to their clients' superannuation transfer balance cap.

Data delays on crucial superannuation information
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Data delays on crucial superannuation information

In September this year, ATO deputy commissioner James O’Halloran acknowledged that one of the frustrating aspects for professionals in dealing with the transfer balance cap reporting or excess TBC determinations for clients was the difficulty in accessing information about a client’s transfer balance cap.

Read the full article at Accountants Daily.

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