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FHSS determination

Initiate

Views 474

Replies 1

Hi there

 

I would like to know is there a limit as to no ,of times we can request for FHSS determination ?

 

Can someone share this information.

 

best

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Former Community Support

Replies 0

Hi @allswell

 

Thank you for your question.

 

Our webpage First Home Super Saver Scheme contains information about the scheme and the eligibility criteria. The webpage states, under the heading Requesting a determination:

 

You can request a determination on more than one occasion.

 

However, there are limitations that can prevent requesting a new determination:

  • Note: If you already have a FHSS determination and have signed a contract before making a valid release request, you have 14 days to request a release of your FHSS amounts. You are not eligible for a new determination; and
  • Your FHSS request may be cancelled if you provide incorrect information, and you will not be able to apply under the FHSS scheme in the future. Any money your super fund has sent to us will be returned.

Further:

  • When you apply for a FHSS determination we will tell you your maximum FHSS release amount.
  • You can't include contributions in your FHSS determination that were made by your employer or anyone else on your behalf – for example, superannuation guarantee amounts.
  • Make sure each contribution is eligible, we will check if it matches contributions reported to us by your super fund. You may be required to provide evidence of your contributions prior to us releasing your FHSS amounts to you.

 

There are some great threads about determinations: FHSS, getting started, determination

and here: First Home Super Saver Scheme.

 

All the best

1 REPLY 1

Most helpful response

Former Community Support

Replies 0

Hi @allswell

 

Thank you for your question.

 

Our webpage First Home Super Saver Scheme contains information about the scheme and the eligibility criteria. The webpage states, under the heading Requesting a determination:

 

You can request a determination on more than one occasion.

 

However, there are limitations that can prevent requesting a new determination:

  • Note: If you already have a FHSS determination and have signed a contract before making a valid release request, you have 14 days to request a release of your FHSS amounts. You are not eligible for a new determination; and
  • Your FHSS request may be cancelled if you provide incorrect information, and you will not be able to apply under the FHSS scheme in the future. Any money your super fund has sent to us will be returned.

Further:

  • When you apply for a FHSS determination we will tell you your maximum FHSS release amount.
  • You can't include contributions in your FHSS determination that were made by your employer or anyone else on your behalf – for example, superannuation guarantee amounts.
  • Make sure each contribution is eligible, we will check if it matches contributions reported to us by your super fund. You may be required to provide evidence of your contributions prior to us releasing your FHSS amounts to you.

 

There are some great threads about determinations: FHSS, getting started, determination

and here: First Home Super Saver Scheme.

 

All the best