Personal Superannuation Contribution Disallowed. Have $10k Debt to ATO

excusemesir on 26/12/2022 - 13:14
Last edited 26/12/2022 - 16:42 by 1 other user

I just logged into myGov today to find out I have a $10k tax debt. After looking into the details, it seems to be due to my personal contribution to my super account I made in FY20/21 of $30k for the FHSS scheme. Yyes I realised it's only a maximum of $15k per FY. The wording from the tax notice is below.

Your deduction for personal superannuation contributions has been adjusted or disallowed because information
currently available does not support the amount you have claimed.

The $30k was made for the FHSS scheme which has since been withdrawn when I purchase I home in December 2021.

From what I can gather, it's likely that I may have forgotten to send the notice of intent correctly to my superannuation. Reason I said correctly is because I found it in my sent folder to a noreply address in my email. I don't know whether I has fixed this up at the time as it was so long ago.

I made another contribution the next financial year to make up the remaining $15k which I was able to find the response to say my NOI had been accepted in my super account. I did not find this for my $30k contribution.

What are my options here? $10k is a large amount the debt which I'm not in the position to pay at the moment.

Related Stores

Australian Taxation Office

• 

  Muzeeb on 26/12/2022 - 13:20

  +9

  What's the question son?

  Or

  Have you confused ozbargain with your digital diary?

  • 

    excusemesir on 26/12/2022 - 13:21

    Sorry, fixed

    • 

      Muzeeb on 26/12/2022 - 13:25

      +5

      Call the tax office and request a payment plan. I've heard they are very accommodating with these.

      • 

        randomusername2017 on 26/12/2022 - 16:07

        .. again with the GC…

        • 

          Muzeeb on 26/12/2022 - 16:17

          +3

          @randomusername2017: Don't mention the gift cards and ATO joke. It's a trigger for some around here. They get upset about how it's overused and blah blah blah I don't have a sense of humour bulltish.

          • 

            randomusername2017 on 26/12/2022 - 16:23

            +1

            @Muzeeb: 2 Birds..

            Just the mention of GC is enough
            Double down with the ATO meme… bargain

• 

  jv on 26/12/2022 - 13:21

  Sounds like you stuffed up big time…

  Thanks for letting us know…

  Happy 2023!!!

• 

  Ghost47 on 26/12/2022 - 13:24

  Try dodging it somehow, that’s the Aussie way.

  Or do the right thing and you know, pay it.

• 

  Porker on 26/12/2022 - 13:46

  Go see an accountant and see if you can make an adjustment to your earlier submitted tax return.

  • 

    CrowReally on 26/12/2022 - 14:39

    +3

    The ATO has already made the adjustment for them (via removing the invalid super deduction).

    The only way to get the super deduction in there is having a notice from the super fund confirming it's a deduction, and you need to have that before you lodge.

• 

  AndyC1 on 26/12/2022 - 13:57

  +4

  Call the super fund and ask them if they can help you or ask your accountant or just pay the ATO and move on.

• 

  Tee Rex Arms on 26/12/2022 - 18:22

  You’re happy to obtain the benefit right away but don’t wanna pay your bill. Righto.