Fact sheet and form
Notice of intent
A notice of intent to claim or vary a deduction for personal super contributions (notice of intent) allows you
to claim a tax deduction for your personal super contributions, or vary a previous valid notice of intent.
What this fact sheet covers
Who should complete a notice of intent
When should you complete a notice of intent
Eligibility criteria
How to change an amount previously included
on a valid notice
How to claim a deduction after a partial rollover
or withdrawal
When should I complete a notice of intent?
You must lodge a notice of intent to claim a deduction for the
personal super contributions you have made to UniSuper on
or before whichever of the following occurs earliest:
the day you lodge your income tax return for the
financial year in which the contributions were made; or
the last day of the financial year (30 June) after the
financial year in which you made the contributions.
You can apply to vary a previous valid notice of intent if:
you’re yet to lodge your income tax return for the year in
which the contribution was made and it’s on or before 30
June in the financial year following the year you made
the contribution
the Australian Taxation Office (ATO) has disallowed
your claim for a deduction and you’re applying to reduce
the amount claimed as a deduction by the amount that
was disallowed.
You must either make your contribution to your account
before you send us your notice of intent or send us your
contribution with your Notice of intent form.
To claim a deduction for your contribution, you must provide
UniSuper with a valid Notice of intent form on or before the
day you lodge your income tax return for the year in which
contributions were made (or the end of the next financial
year, whichever occurs first), and we must have given you an
acknowledgment of our receipt of your notice.
unisuper.com.au
Who is this fact sheet for?
You should complete a notice of intent if you:
intend to claim a tax deduction for your personal
super contributions
would like to vary a previous valid notice of intent.
When deciding whether to claim a deduction for super
contributions, you should consider whether the impact
of Division 293 tax applies to you, whether you split your
contributions with your spouse, whether you’ll exceed
your contribution caps and/or your super co-contribution
eligibility. For more information, refer to www.ato.gov.au.
Will I be eligible for a deduction?
You can claim a deduction for your personal super
contributions if all of the following apply:
you’re an existing member of UniSuper when we receive
your completed Notice of intent form on time
at the time you give us your notice, we have not begun to
pay an income stream (for example, a pension) based on
part or all of the contributions for which you intend to
claim a deduction
you’ve received acknowledgment from UniSuper of your
intention to claim a deduction
UniSuper has accepted your contribution for which you
want to claim a deduction
the amount you intend to claim as a deduction is covered
by one or more valid notices
you’ve not applied to split the contribution for which you
intend to claim a deduction
you meet the other eligibility criteria to claim a
deduction. This can be found by visiting the ATO
website, www.ato.gov.au and searching for ‘Claiming
deductions for personal super contributions’
you’ve not withdrawn an amount or rolled out to another
fund all or part of the contribution for which you want
to claim a deduction (conditions apply). See Claiming a
deduction after a partial rollover or withdrawal below.
Are you a Defined Benefit Division
(DBD) member?
From 1 July 2017, DBD members are eligible to claim
deductions on their accumulation component only.
DBD members currently won’t be able to make a tax
deduction claim for contributions made into the defined
benefit component for the 2017-18 financial year due to the
complex nature of defined benefits. We’ve applied to the ATO
for this exemption and will let DBD members know when
this facility becomes available.
How do I change an amount previously
included on a valid notice of intent?
If you wish to increase the amount that you want to claim as a
deduction, you can do so provided you’re still within the time
limits specified above for lodgement of the notice of intent.
However, you’re not required to lodge a variation to the first
notice. Instead, you’ll need to send us a second Notice of intent
form specifying the additional amount you wish to claim.
In Section 3 of the Notice of intent form, ‘Is this varying an
earlier notice?’, place an ‘X’ in the ‘No’ box.
Example of increasing a personal
super contribution deduction claim
John makes a contribution of $20,000 and lodges a
notice with us to claim a deduction for $15,000. Later
(but within the set timeframes) he decides to increase
his deduction to $18,000. John must send us another
notice, advising that he now also intends to claim an
additional $3,000 as a deduction. We’ll now have two
valid notices – one for $15,000 and one for $3,000. John
should receive two acknowledgment notices from us.
If you wish to reduce the amount you intend to claim as a
deduction, you’ll need to lodge a variation to your original
notice of intent sent to us. The variation does not alter a
previous notice; instead, it is a new notice, which replaces
a previous valid notice and shows the amount of the
contributions which you now want to claim as a tax deduction.
In Section 3 of the Notice of intent form, ‘Is this varying an
earlier notice?’, place an ‘X’ in the ‘Yes’ box.
Example of reducing the claim
amount of a previous valid notice
Sarah makes a contribution of $50,000 and lodges a
notice with UniSuper to claim a deduction for $50,000.
Later she decides to reduce her deduction to $30,000.
She must send us another notice of intent to claim or
vary a deduction for personal super contributions,
advising that $30,000 is the amount she now intends to
claim as a tax deduction.
In Section 3 of the Notice of intent form, ‘Is this varying
an earlier notice?’, Sarah places an ‘X’ in the ‘Yes’ box.
You can’t vary a previous valid notice if:
we no longer hold the contribution covered by that
previous valid notice
you’re no longer a UniSuper member
the trustee has commenced paying an income stream
(for example, a pension) based on all or part of the
contribution covered by the previous valid notice.
Claiming a deduction after we’ve
processed a partial rollover or withdrawal
Special rules apply if you made a withdrawal or rolled over part
of your super during the year.
We’ll no longer hold a contribution, or at least a part of it, if you’ve
chosen to rollover or withdraw some or all of your super from
UniSuper. In such a case, a deduction notice cannot be given for
the entire contribution. A valid deduction notice will be limited
to a proportion of the tax-free component of the super account
that remains after the rollover or withdrawal. That proportion
is the value of the relevant contribution divided by the tax-free
component of the super account immediately before the rollover
or withdrawal (see example on the next page).
Where you’ve made a partial rollover or withdrawal and you
don’t know the tax free component and value of your super
interest immediately before your rollover or withdrawal, we
may be able to confirm these amounts for you. Alternatively,
you may need to seek independent financial advice to assist you
to calculate the maximum deduction amount, to ensure you
lodge a valid notice of intent. If you send a notice indicating that
you intend to claim more than the tax-free component of what
remains in your super account, that notice will be invalid.
LODGING YOUR NOTICE
If you send us an invalid notice, we won’t be able
to acknowledge it - you’ll need to lodge a new valid
notice. Once we receive your valid notice, we’ll
send you an acknowledgment which will enable
you to claim a deduction for your contribution.
unisuper.com.au
How do I complete this notice?
Example of a valid notice of
intention to deduct with
a partial rollover
SECTION 1: MEMBER DETAILS
Rachel, who is 54, has a super interest (that is, account
balance) of $50,000. This interest includes tax-free
contributions of $10,000. She makes a $100,000
personal contribution in March 2017, which is held by
us as a tax free component of any super benefit paid to
Rachel. The value of her super interest is $150,000,
with a tax-free component of $110,000.
In June 2017, Rachel rolls over $60,000 to another
fund, leaving her with interest of $90,000. The
$60,000 rollover comprises a $44,000 tax-free
component and a $16,000 taxable component. The taxfree component of the rollover is worked out as follows:
Tax-free component of
interest before rollover
$60,000
x
Rollover
amount
$110,000
$150,000
=
$44,000
Value of super interest
before rollover
After the rollover, Rachel has a $90,000 super
interest remaining. The tax-free component of that
remaining super interest is $66,000 (that is, $90,000 x
$110,000/$150,000).
Rachel then lodges a Notice of intent form in September
2017 advising that she intends to claim a deduction for
the $100,000 contribution made in 2016–2017. That
notice is not valid. This is because we no longer hold the
entire $100,000 contribution on Rachel’s behalf.
Rachel could give a valid deduction notice for an amount
up to $60,000. That amount is worked out as follows:
Contribution
$66,000
x
Tax-free
component
of remaining
interest
$100,000
$110,000
=
$60,000
Tax-free component of
interest before rollover
For more information on how to deal with deductions
involving multiple partial rollovers, and the special rules
which apply if you commence an income stream, refer to
www.ato.gov.au.
unisuper.com.au
Provide the following personal details so we can identify you:
name
date of birth
residential address
postal address
day time phone number (including the area code).
SECTION 2: TFN
You don’t have to provide your TFN to us. However, if we
don’t have your TFN, we may not be able to accept your
contributions.
SECTION 3: CONTRIBUTION DETAILS
Provide the financial year in which you’ve made the personal
contribution to UniSuper.
Provide the amount of the personal contributions you’ve
made that are covered by this notice. If you’ve made more
than one contribution in the year, this amount does not have
to cover every contribution. However, you should not include
any amounts covered by a previous valid notice for the year
unless you are varying the amount to be deducted.
WHEN TO MAKE YOUR CONTRIBUTION
You must either make your contribution to
UniSuper before you give your notice of intent,
or send your contribution to us with your notice
of intent.
Show the amount of the contributions you’re eligible to claim
as a tax deduction. If you’re varying the amount covered by a
previous valid notice, the amount cannot be greater than the
amount recorded on the original notice.
If you’re making a variation to an earlier valid notice to
reduce the amount you intend to deduct, place an ‘X in the
‘Yes’ box; otherwise, place an ‘X’ in the ‘No’ box.
SECTION 4: DECLARATION
For more information about deductions for personal
super contributions and the criteria you must meet to be
eligible, go to www.ato.gov.au and search for ‘Claiming
deductions for personal super contributions’.
There are two declarations. Read the declaration that applies
to you. If it is correct, print your full name, then sign and date
the declaration.
Your two choices are:
Intention to claim a tax deduction declaration –
complete this declaration if you’ve not previously
notified us that you’re intending to claim a tax deduction
for the personal contributions you’ve listed in this notice
Variation of previous valid deduction notice declaration
– complete this declaration if you wish to vary a previous
valid notice of intent.
You can only vary a previous valid notice of intent to reduce
the amount you are claiming as a personal deduction.
How do I claim a deduction?
Send your completed notice to us at: UniSuper
Level 1, 385 Bourke St,
Melbourne Vic 3000
or email [email protected].
What happens next?
We’ll give you an acknowledgment of a valid notice.
Once your notice of intent to claim a deduction has been
acknowledged, you cannot revoke or withdraw it, but you can
apply to reduce it.
LODGING YOUR VALID NOTICE OF INTENT
To claim a deduction for your contribution, you
must give us a valid notice of your intent to claim
a deduction, in the approved form, on or before
the day you lodge your income tax return for
the year in which the contribution was made
(or the end of the next income year, whichever
occurs first), and we must have given you
acknowledgment of the receipt of the notice.
Once you have lodged your tax return, you cannot apply to
vary the amount you’re claiming as a personal deduction,
unless the ATO has disallowed your claim for the deduction.
If this Notice of intent form is not completed properly,
and you’ve not submitted a Voluntary Lump Sum form, it
will need to be returned to you. No action can be taken by
UniSuper until we receive the correct information from you.
Effect on your super benefits
Please don’t hesitate to call us on 1800 331 685 or visit
unisuper.com.au for more information on personal super
contributions and claiming tax deductions.
When you lodge a valid notice, which is acknowledged by
UniSuper, your personal contributions covered by the notice
will be counted as concessional contributions. You should,
therefore, keep in mind that the concessional contributions
cap for the relevant financial year. Please note that
contributions which exceed the relevant cap may be subject
to additional tax penalties.
For more information, please refer to the concessional
contributions cap fact sheet relevant to you, available
from unisuper.com.au.
This information is of a general nature only and includes general advice. It has been prepared without taking into account your individual objectives, financial situation or needs. Before making any decision in relation to your UniSuper
membership, you should consider your personal circumstances, the relevant product disclosure statement for your membership category and whether to consult a licensed financial adviser.
This information is current as at July 2017 and is based on our understanding of legislation at that date. Information is subject to change. To the extent that this fact sheet contains information which is inconsistent with the
UniSuper Trust Deed and Regulations (together the Trust Deed), the Trust Deed will prevail.
Issued by: UniSuper Management Pty Ltd ABN 91 006 961 799, AFSL No. 235907 on behalf of UniSuper Limited the trustee of UniSuper, Level 1, 385 Bourke Street, Melbourne Vic 3000.
Fund:
Trustee:
Date:
UniSuper, ABN 91 385 943 850
UniSuper Limited, ABN 54 006 027 121 AFSL No. 492806
July 2017
UNIS00F102 0717
unisuper.com.au
Notice of intent to claim or vary a
tax deduction for personal super contributions
AVOID PROCESSING DELAYS
We make important changes to our forms at times.
Check you’re using the latest version by comparing
the issue date at the bottom of this page with the
version at unisuper.com.au/forms.
IN CONFIDENCE WHEN COMPLETED
Complete this notice if you intend to claim a tax deduction for
personal contributions made to UniSuper or want to vary a
previous notice you sent to UniSuper.
SECTION 1A — Attachments
Are you attaching a cheque with this application?
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Privacy statement
We recognise the importance of protecting your personal information
and are committed to complying with our privacy law obligations.
We collect your personal information to administer your account,
ensure you’re eligible for insurance cover, provide you with
UniSuper membership benefits, services and products, verify your
identity and improve our products and services. You consent to
our collecting sensitive information about you, where collecting
that information is reasonably necessary for us to perform one or
more of our functions or activities. We usually collect personal
and sensitive information directly from you, however, it may also
be collected from third parties, such as your employer.
We may also collect this information from you because we’re
required or authorised by or under an Australian law or a court/
tribunal order to collect that information.
No
SECTION 1B — Member details
Please use BLACK or BLUE BALL POINT PEN and
print in CAPITAL LETTERS. Cross where required
All fields in Section 1B are mandatory. Please ensure you
complete all fields.
Important information
The Notice of intent fact sheet at the front of this form contains
important information about completing this notice. Please refer
to it for more information on how to complete this notice.
Yes
UniSuper member number
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If you’re unsure of your member number, refer to your most
recent UniSuper correspondence or call us on 1800 331 685.
Title
Mr
■Mrs ■Ms ■Dr ■Professor ■
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Other
Surname
Given name
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Date of birth (DDMMYYYY)
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If you don’t provide this information, we may not be able to
administer your account, provide you with a product or service
or you may be disadvantaged in some other way.
Contact number
We may disclose your information to any service provider we
engage (for example mail-houses, auditors, insurers, actuaries,
lawyers and research consultants) to carry out or help us provide
your membership benefits, services and products. This includes
overseas entities. The countries we may disclose personal
information to are Japan, Canada and the United States of America.
Where information is transferred overseas, we’ll seek to ensure the
recipient of the data has security systems to prevent misuse, loss or
unauthorised disclosure in line with Australian laws and standards.
Email address
Our Privacy Policy contains information about how you can access
any personal information we hold, how to correct your information
and how to make a complaint about a breach of the Privacy Act. It’s
available at unisuper.com.au or by calling us on 1800 331 685.
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@ ■■■■■■■■■■■■■■■■
Residential address, number and street (not PO Box)
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Suburb/Town
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Postcode ■■■■
State ■■■
Country (if not Australia)
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Fund: UniSuper ABN 91 385 943 850 Trustee: UniSuper Limited ABN 54 006 027 121 AFSL 492806
Administrator: UniSuper Management Pty Ltd ABN 91 006 961 799 AFSL 235907
Address: Level 1, 385 Bourke Street, Melbourne Vic 3000 Issue date: July 2017
U N I SF 0 0 2 0 9 0 7 1 7
IN CONFIDENCE WHEN COMPLETED
SECTION 1B — Continued
SECTION 3 — Contribution details
Is your postal address different from your residential address?
In signing one of the declarations on this form, you should be
aware that the law has changed to expand the administrative
penalty provisions to include penalties for making false and
misleading statements that do not result in a shortfall amount.
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No. Go to SECTION 2.
Yes. Please provide your postal address below.
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Suburb/Town
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Postcode ■■■■
State ■■■
Country (if not Australia)
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SECTION 2 — Tax file number
provide your tax file number below.
Please
This may include making false or misleading statements to
an entity other than the ATO if the statement is required or
allowed to be made under tax law, for example, a notice of
intent to deduct super contributions given to a super fund.
For more information about these penalties, refer to
Superannuation and false or misleading statements which do
not result in a shortfall amount at www.ato.gov.au.
Please ensure you select one option only.
Personal contribution details
Is this notice varying an earlier notice?
■
No. Go to Section 4 to complete the Original notice to
claim a tax deduction section and Declaration option 1.
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Yes. Go to Section 5 to complete the Variation of
previous valid Notice of Intent section and Declaration
option 2.
Your tax file number
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The Trustee is authorised and required to ask you for your
TFN by tax law and in accordance with the Superannuation
Industry (Supervision) Act 1993.
SECTION 4 — Original notice to claim a tax deduction
(option 1) Your TFN will only be used for lawful purposes, which include:
• finding and amalgamating your superannuation benefits
with your consent as required,
Complete this section to claim a tax deduction for
personal contributions you have made to UniSuper.
Financial year ended
• providing information to the ATO, for example when you
receive a benefit to validate initial registration information
associated with first employer contributions using
SuperTICK or if you have lost or unclaimed benefits, and
30 / 06 / 20 ■■
My personal contributions to UniSuper in the above
financial year:
• providing information to the trustee of another
superannuation fund when your benefits are being
transferred, unless you advise us in writing that you do not
wish your TFN to be passed on.
$
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The amount of these personal contributions I will be
claiming as a tax deduction:
You should provide your tax file number as part of acquiring
a UniSuper product. While it isn’t an offence not to quote
your TFN, providing your TFN has the following advantages
(which may not otherwise apply):
$
• we will generally be able to accept all types of contributions
to your accounts (subject to legislated caps),
• the tax on contributions to your super accounts will not
increase,
• other than the tax that may ordinarily apply, no additional
tax will be deducted when you start drawing down your
super benefits, and
• it will make it much easier to trace different super accounts
in your name so that you receive all your super benefits when
you retire.
The lawful purposes for which your TFN can be used and the
consequences of not providing us with your TFN may change
in future as a result of legislative change.
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IN CONFIDENCE WHEN COMPLETED
SECTION 4 — Continued
SECTION 5 — Continued
This declaration is for members who have already lodged
a valid notice for these contributions and wish to reduce
the amount stated in that notice.
This declaration is for members who have not previously
lodged a valid notice for these contributions.
Declaration option 1 – Intention to claim a tax deduction
I declare that I am lodging this notice at the earlier of either:
• before the end of the day that I lodged my income tax return
for the financial year in which the personal contributions
covered by this notice were made as stated in this section
(Section 4); or
• before the end of the financial year following the year in
which the contribution was made stated in this section
(Section 4).
Declaration option 2 – Variation of previous valid
deduction notice:
I declare that at the time of lodging this notice:
• I intend to claim the personal contributions stated in this
section (Section 5) as a tax deduction
• I am a member of UniSuper
• UniSuper currently holds these contributions and has not
begun to pay a superannuation income stream based on all
or part of these contributions
I declare at the time of lodging this notice:
I declare that I wish to vary my previous valid notice for these
contributions by reducing the amount I advised in my previous
notice and I confirm that either:
• I intend to claim the personal contributions stated in this
section (Section 4) as a tax deduction
• I am a member of UniSuper
• I have lodged my income tax return from the financial year
in which the contribution was made, prior to the end of the
following financial year, and this variation notice is being lodged
before the end of the day on which the return was lodged; or
• UniSuper currently holds these contributions and has not
begun to pay a superannuation income stream based on or
part of these contributions
• I have not included any of the contributions in an earlier
valid notice
• I have not yet lodged my income tax return for the relevant
financial year and this variation notice is being lodged on or
before 30 June in the financial year following the one you
made the contributions (whichever is earlier); or
I declare that the information given on this notice is correct and
complete.
Name (print in block letters)
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Member’s signature
• The ATO has disallowed my claim for a deduction for the
relevant financial year and this notice reduces the amount
stated in my previous valid notice by the amount that has
been disallowed.
I declare that the information given on this notice is correct
and complete.
Name (print in block letters)
Date (DDMMYYYY)
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Member’s signature
SECTION 5 — Variation of previous valid Notice of Intent
(option 2)
Date (DDMMYYYY)
Complete this section if you’ve already submitted a valid
Notice of Intent and want to reduce the amount stated in
that notice.
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Financial year ended
SEND YOUR FORM TO:
My personal contributions to UniSuper in the above financial year:
UniSuper
Level 1, 385 Bourke Street
Melbourne VIC 3000
30 / 06 / 20 ■■
$
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or email [email protected]
The amount of these personal contributions claimed in my
original Notice of Intent:
$
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NEED HELP?
For more information:
The amount of these personal contributions I will now be
claiming as a tax deduction:
$
AA email [email protected], or
AA call 1800 331 685.
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