What does 'Complying' mean?
A 'Complying' SMSF:
See the guidance
issued by APRA for further assistance in managing transfers and rollovers to SMSFs.
Use the SMSF verification service through Standard Business Reporting
software. More information can be found on ato.gov.au .
Superannuation guarantee payments
Contributions made to complying funds can qualify as Superannuation Guarantee (SG) payments.
This record extract can be used to confirm this fund has been issued with a
Notice of Compliance and is currently entitled to receive employer SG payments.
Complying funds that meet
Superannuation Industry (Supervision) Act 1993 (SISA) standards qualify for
concessional tax rates.
Also refer to frequently asked questions.
This extract is based on information supplied by superannuation entities to the Commissioner of Taxation.
Important Neither the Australian Government nor the ATO endorse or guarantee the performance of super funds.
Anyone who tells you to set up a SMSF is giving you financial advice. This means the person or company must have an
Australian financial services (AFS) licence.
Check ASIC Connect Professional Registers.