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Delays to response times: It is taking longer than usual to answer calls and myIR messages, and to process some COVID-19 Support Payment applications. This is because of the impact of COVID-19. If possible, please contact us through your myIR account. Log in to myIR

Budget 2022: The Government has announced Budget 2022, which includes changes to child support payments. Find out more on our Tax Policy website

Budget 2022: The Government has announced a Cost of Living Payment, which will be paid from 1 August 2022. You do not need to apply for this payment. If you are eligible, we’ll pay it into your bank account. Find out more

Foreign super withdrawals and transfers made between 1 January 2000 and 1 April 2014 have different rules to follow.

There are 2 options to account for this income.

The 15% option

You can include 15% of the lump sum as income for your 2013–14 or 2014–15 Individual income tax return - IR3.

You may qualify for the temporary tax exemption period for new residents.

The FIF rules option

You can ask us to amend your previous tax returns based on the tax rules that applied for those years. You may have to pay interest and penalties.

We recommend talking to a tax agent if you’re considering this option.

Last updated: 23 Jun 2021
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