Actuarial Certificate for Exempt Pension Income
Bendzulla Home     
When a Self Managed Superannuation Fund has current pension liabilities, obtaining an actuarial certificate entitles the fund to claim a proportion of the net ordinary assessable fund income as exempt from income tax under Section 295-390 of the ITAA 1997.

An actuarial certificate is required to claim the exemption from income tax where funds meet the following criteria:
  • The fund paid pension to a member during the year
  • Fund assets are not fully segregated to individual member accounts
  • One or more members had a non-zero accumulation account balance at some point during the year
Note that Bendzulla Actuarial’s online service is for funds with account-based pensions. Funds which include a defined pension have special requirements. Actuarial certification for defined pensions can be arranged by clicking here.

Requesting a Certificate


Our online form allows you to quickly and easily enter all the required information to request a certificate. In most cases our system will generate an immediate draft report at any time of the day or night.

Our experienced actuarial team then reviews the report and underlying data for accuracy and appropriateness, after which a final report will be emailed to you within 1 business day. In certain unusual circumstances the system will capture the data and submit the application but not provide a draft percentage.

Some benefits of using our online certificate system include:
  • Data save and re-load function
  • All amendments free of charge
  • The tax exempt percentage split to member level
  • Free phone assistance when completing the application form

If this is your first time using our online service consider reading our step by step guide to assist you in completing the application form.






Queries and Help


If you have any queries or difficulties with the online service please contact us on 1800 203 123 , visit our FAQ help page or email us at act@bendzulla.com.

Please use our online service with the confidence that we regard the task as complete only when you are 100% satisfied.

NEED HELP?
FreeCall
1800 203 123

 

Fees


Fees are payable at the same time the report is generated via PayPal or Pre-Registered Credit Card (download a registration form), or by invoice to either your firm or the trustees.

PayPal & Pre-Registered Credit Card      $176.00 inc GST
Invoice $187.00 inc GST
Amendments Free of Charge


Bendzulla Actuarial Pty Ltd   GPO Box 1181, Hobart, Tas, 7001   FreeCall: 1800 203 123   FreeFax: 1800 103 123   www.bendzulla.com >