ATO SMS text message alerts for changes made Self Managed Superannuation Fund (SMSF) information

|

March 3, 2020

|
From 3 February 2020, the Australian Taxation Office (ATO) will now be sending an SMS and/or email alert to SMSF trustees when changes are made to SMSF details.
The SMS text messages will be issued to alert trustees of SMSF when any changes have been made to the fund.

 

These changes include;

  • financial account details
  • authorised contacts
  • members

What does the text message say?

“Hi Trustee

We have received a request asking for changes to your self-managed fund (SMSF) THE TRUSTEE FOR YOUR SUPERANNUATION FUND. Based on this, we have made changes to your SMSF account. If you know about these changes, you don’t need to do anything else. If you want more information, visit ato.gov.au/SMSFaccountmessage (https://www.ato.gov.au/SMSFaccountmessage)”

These alerts are designed to help protect against fraud and misconduct, however there are a number of details that may be legitimately changed by us as mentioned above or your electronic service address that may be triggered upon lodgement of your SMSF’s tax return.

If you have any questions for our Superfund team, just give them a call on 07 5437 9900.

Related Articles

The end of the financial year is an opportunity to optimise your financial strategy, take advantage of tax deductions, and set yourself up for the new financial year.Whether you're looking to...

Read more

The landscape for non-profit organizations in Australia, particularly those that are not registered as charities, is undergoing a significant transformation. This change revolves around how these entities will access and demonstrate their eligibility for income tax exemptions moving forward. This blog post delves into the critical aspects of the new requirements set forth by the Australian…

Read more