Hi all!
I have a complying SMSF set up - now I just need to get my wife's and my super money into the fund from our respective "employer funds" so we can start investing.
I sent off the paperwork a week ago and received a letter from my old super fund today, stating:
Searching http://abr.business.gov.au reveals that the ATO thinks my SMSF is compliant.
I thought that the letter of compliance is issued after the SMSF has been audited and submitted a tax return (ie, the SMSF has been running for some time).
I have the Australian Business Register paperwork (one page) that details the trustee's ABN and details - is this the ATO trustee letter?
Question: For those who have recently (last 12 months or so) successfully set up their own SMSF and completed the rollover process - you must have had your old super funds ranting and hollaring for the above bits of paperwork. How did you go about it? Did the old super funds drag the chain a bit?
Comments appreciated, as always.
I have a complying SMSF set up - now I just need to get my wife's and my super money into the fund from our respective "employer funds" so we can start investing.
I sent off the paperwork a week ago and received a letter from my old super fund today, stating:
Searching the ATO website doesn't reveal anything. I might have to call the tax office up and ask someone.Government legislation requires us to transfer your money to a complying fund. To help us confirm the status of your new fund, please provide us with:
* An ATO 'letter of compliance' for the fund you want to transfer to
* An ATO trustee letter
Searching http://abr.business.gov.au reveals that the ATO thinks my SMSF is compliant.
I thought that the letter of compliance is issued after the SMSF has been audited and submitted a tax return (ie, the SMSF has been running for some time).
I have the Australian Business Register paperwork (one page) that details the trustee's ABN and details - is this the ATO trustee letter?
Question: For those who have recently (last 12 months or so) successfully set up their own SMSF and completed the rollover process - you must have had your old super funds ranting and hollaring for the above bits of paperwork. How did you go about it? Did the old super funds drag the chain a bit?
Comments appreciated, as always.