What is the process for lodging a complaint due to a personal contribution to super that arrived in my account on 1 July 2025?
I cannot understand the ruling that says that despite the fact I have a receipt dated prior to June 30 because the money was not received by my super account (due to archaic way of receiving an electronic transfer) until July 1 I cannot claim it. I genuinely don’t understand why the ATO made this ruling, given we are trying to encourage people to put money into super. As long as it is not claimed in both years what is the issue? Other than trying to penalize people trying to do the right thing - how is this the best way to manage it? Surely going after loopholes that don’t actually benefit anyone except the wealthy is a much better use of time for ATO?