Information about your 2016/2017 statement

You should aim to have these super contributions made 10 business days before the 30^th June.

You may be eligible to claim a tax deduction for personal superannuation contributions you have made. Generally, eligible persons include self-employed persons, substantially self-employed persons and non-employed persons.

If you wish to claim a tax deduction for personal contributions you’ve made during the 2013/14 financial year, you must:

1. meet the eligibility criteria to claim a deduction (this can be found by visiting www.ato.gov.au and searching for ‘Claiming deductions for personal super contributions’)
2. complete and return a Notice of intent to claim or vary a deduction for personal super contributions* (‘Notice’) to us either:
   • on or before the day you lodge your income tax return for the 2016/17 financial year, or
   • before 30 June 2017
     
     whichever occurs first.

* This form can also be used to vary the amount you wish to claim as a deduction.

Note: If you wish to claim a tax deduction for personal contributions you made during the 2013/14 financial year, you must complete and return your Notice to us either:

• on or before the day you lodge your income tax return for the 2016/17 financial year, or
• before 30 June 2017
  
  whichever occurs first.

After receiving your Notice we will send you a letter, within 30 days, acknowledging the amount you will be claiming. You must receive this acknowledgment letter before you can claim a deduction for your contributions in your tax return.

The minimum payment for an account based income stream is determined by multiplying the account balance by the age based percentage. The below table illustrates the age based percentage applicable for the current and the next financial year.

Age (at commencement or each 1 July)             Percentage of account balance 
                                                                            2015/2016             2016/2017

BT Lifetime – Flexible Pension and BT Classic Lifetime – Flexible Pension members who’d like to change their pension payments or have any additional queries may call Customer Relations on 132 135.

BT Super for Life members who would like to update their pension payment amount should do so by logging in to their BT Super for Life account via Internet Banking, or by calling a BT Super for Life Customer Relations Specialist on 1300 653 553. 

No, tax statements are not produced for BT Superannuation accounts.

The table below illustrates the quarterly distribution and statement mailing dates for Retail Investments.

* Dates are indicative only

If your Fund(s) did paid you any distributions in this statement’s financial year (excluding distributions paid effective 1 July, which are considered part of the previous financial year), you will receive a tax statement. We are not required to produce a tax statement if no income is paid. Please note that an increase in the value of your units as a result of positive performance does not constitute income.

If you redeemed or switched any units in your Fund, or transferred units to another investment in this statement’s financial year, you may receive a CGT statement. We are not required to produce a capital gains tax statement when no redemptions, switches or transfers have occurred. Please note that an increase or decrease in the value of your units as a result of performance does not constitute a capital gain or loss.

BT Lifetime – Flexible Pension and BT Classic Lifetime – Flexible Pension members who’d like to change their pension payments or have any additional queries may call Customer Relations on 132 135.

BT Super for Life members who would like to update their pension payment amount should do so by logging in to their BT Super for Life account via Internet Banking, or by calling a BT Super for Life Customer Relations Specialist on 1300 653 553.