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First Home Super Saver Scheme

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Newbie

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When a person requests a FHSS determination (not a release request), how long does it take for the ATO to provide information relating to the releaseable amount?

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ATO Certified Response

ATO Community Support

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Hi @Fuzzball1,

 

Thanks for posting.

 

If you request your FHSS scheme determination through our online services, you'll be able to view your determination details (including the maximum release amount) once you've submitted the request.

 

You'll also be able to print a summary of your determination request.

 

Let us know if you have any further questions.

 

Thanks, NicM.

3 REPLIES 3

Most helpful response

ATO Certified Response

ATO Community Support

Replies 2

Hi @Fuzzball1,

 

Thanks for posting.

 

If you request your FHSS scheme determination through our online services, you'll be able to view your determination details (including the maximum release amount) once you've submitted the request.

 

You'll also be able to print a summary of your determination request.

 

Let us know if you have any further questions.

 

Thanks, NicM.

Newbie

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To clarify, does that mean you will have the determination straight away if you use the online service? 

 

Thanks!!

ATO Community Support

Replies 0

Hi @ED92,

 

Thank you for your enquiry. When requesting a determination for FHSS the website advises - To withdraw your voluntary super contributions under the FHSS scheme, you need to request a FHSS determination from us. Apply online using your myGov account linked to our online services.

 

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.

 

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.

 

Hope this helps.

 

Regards,

Jodie2.