With the end of the year drawing closer, the ATO has outlined some of the cut-off dates and deadlines applying for members wanting to apply for the early release of their super.
If you are eligible for COVID-19 early release of super and intend on applying, you may be able to receive their money before Christmas, if you apply through ATO online services in myGov before 11 December 2020.
Access to COVID-19 early release of super closes on 31 December 2020 at 11.59pm AEDT. You can apply online up to this time. Applications cannot be backdated or accepted after 31 December 2020.
As long as ATO receive your application by the deadline, they will process it. However, confirmation notifications from ATO and payments may be delayed due to the holiday season and can continue into January 2021.
If you have difficulty applying online, you can contact Allan & Co, we will help you out.
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Phone: (02) 9709 5070