Tax and super professionals. any accounts considered 'lost', because the super fund is not able to contact you – flagged with advice to consider contacting your super fund; pension accounts; any ATO-held super. What to do when someone dies, getting authority to deal with the ATO, lodging a final tax return, and trust tax returns. For any operational enquiries, contact Super CRT using the Super Enquiry Service (Google Chrome or Mozilla Firefox are recommended). Tax and super. Review, and Consolidate. We regularly conduct searches for lost super for our members. 4 billion in lost super, the other $5. The ATO holds your money but it will only earn interest at a rate equivalent to the rate of inflation. स्पेनिश - हिंदी में "VENTAS WEB" के संदर्भ में अनुवाद। Semalt 71 detallistas encuestados, el 74 por ciento dijo que sus ventas web 2014 aumentaron un 10 por ciento o más en comparación con 2013, y el 27 por ciento de los encuestados dijo que experimentaron un aumento de más del 25 por ciento en las ventas en línea- search. Employer super guarantee payments If your employer has not paid the right amount of super for you, they have to pay the gap to us. If you’ve ever changed your name or job, the chances are that you may have some super that you’ve forgotten ever existed. We pay it and any interest owing from ATO-held super without tax as it has been reported as unclaimed tax-free. Step 2: Apply that proportion to calculate the tax-free component of Peter’s lump sum as follows: $50,000 x 25% – $12,500. Furthermore the ATO road mapped industry deployment as follows: by 30 June 2021, ERF accounts are to roll over all accounts with a balance of less than $6,000 to the ATO as unclaimed super money (USM) and; by 31 January 2022, ERFs must transfer remaining accounts to the ATO. Days interest payable — the number of days in the financial year for which. Super funds currently hold $10. How to find lost super and what to do next. 13 11 42 (debt issues) Phone 13 72 86 and select Fast Key Code 1 2 2. Adding to this, the recent reforms set out in the Treasury Laws Amendment (Protecting Your Superannuation Package) Act 2019 led to 537,000 inactive low-balance accounts being transferred to the ATO. PAYG payment summaries. 8 million lost and ATO-held accounts. Super funds currently hold $10. 8 billion of lost or unclaimed superannuation in Australia – and some of it could be yours. by phoning our lost super search line. 1 - 2 ATO – searching for lost super. date of birth. Exciting news! Maritime Super and Hostplus have merged. Superannuation fund reporting protocol for lost member accounts. Set up access to your account to manage your super any time. You will find the provisions governing the reporting and payment to the ATO of unclaimed money for deceased members in Part 3 of the Superannuation (Unclaimed Money and Lost Members) Act 1999 (SUMLMA). From there, you can see the amount of unclaimed super you have and consolidate it into your current preferred super account. News, Mario Videos, Mario Gear, Super Mario MySpace Layouts & Super Mario RingTones! supercheapelectricrates. Other types of lost money. Find out how to compare super funds, find your lost super, and consolidate funds into one. Complete an ATO declaration form. If a letter from us asks your client to phone. your total super balance, which is relevant to how some key superannuation rules apply to you. g. How super contributions and withdrawals are taxed. YOU might not have won the $70m from Tuesday night's Ozlotto, but you could be missing a scoop of unclaimed and lost super costing Gympie residents $22 million. 8 billion 1 in lost or unclaimed super accounts across Australia as of 30 June 2020. inactive – an account hasn’t received a contribution or rollover in 5 years. Make sure none of it is yours! Lost Super Lookup Tool . Having multiple super accounts could mean you are paying fees you are unaware of, which could reduce yourMore information on super and contractors is available at ato. It can happen when: Unreachable – when fund is not assigned at your latest address and unable to contact you, and you had no contributions into your. The Federal Budget in May 2023 maintained the Super Guarantee’s legislated increase to 12%. ATO held super can come about for quite a few reasons outlined here, and super funds must report and pay lost super in certain circumstances. au linked services in myGov. the account balance is less than $6,000. It's important to provide the correct account details, as we may be unable to recover money paid to an incorrect account. Link your myGov account to the ATO. The law. concessional contributions. Victoria and Queensland have around $2 billion to be claimed, Western Australia with just over $1 billion, and South Australia with $798 million. Open a super account. 6 million super accounts and a further one million bank accounts. A member of a super provider is a lost member if the member is: a lost RSA holder within the meaning of regulation 1. ABC Super Fund allocates an amount to the member's. 4 billion of the lost super pile. Keeping track of your tax file number. Key points. My partner did not leave a will. esManage your super accounts online with the Australian Taxation Office's secure and easy-to-use system. 3. Does unclaimed money earn interest? Yes, interest is paid on unclaimed money held by ASIC, but only after 1 July 2013. About $10. Contact your super fund to find out more about death benefit nominations. Deputy commissioner Emma Rosenzweig has reminded Australians that lost super can be easily found. Discover how to find your lost super. The unclaimed money application form is available within the register when you find and ‘claim’ an entitlement matching your. track of some of your super. That means unpaid super affects more than a quarter of employees, costing each affected worker an average of $1,700 per year. Operational enquiries. 9 billion in tax charged to employers that didn’t pay super, however, 95% of super payments are made without issue, the report noted. ATO Deputy Commissioner, Superannuation and Employer Obligations, Emma Rosenzweig, said despite the ATO working hard to reunite people with their retirement funds, $16 billion was still unclaimed. Search for lost super. This postcode data is made available to the community to encourage individuals to check all their super. Hostplus Pty Ltd Program. If there's been a change in the member’s ‘lost status’ account attribute, report that information by 30 April. Log into your firstonline account to find and combine your accounts online with First Super. any existing super fund details will be pre-filled into the form. Individuals and agents can complete a super search by phoning our automated super search line on 13 28 65. driver's licence, passport) proof of your authority to claim the benefit (e. the most recent 30 June balances reported by your super funds. 8 million lost and ATO-held accounts. Click the ‘Combine your super’ tab and follow the prompts to find and combine your super. We will be in contact within 1-2 business days to deliver the results. Lost members register – protocol. 5) Act 2021 was enacted to improve the operation of the Trans-Tasman retirement savings portability arrangement between Australia and New Zealand by allowing the ATO to directly transfer unclaimed superannuation money (USM) of New Zealand (NZ) residents via the KiwiSaver Provider. Tax file number (TFN) application for individuals. You can view details of your super accounts including: super accounts you may have lost track of and any ATO-held super. entitled to be paid your ex-spouse’s super in a divorce, and the fund is unable to contact you. 8 billion held as lost or unclaimed super in accounts across Australia as at 30 June 2020. Individuals and agents can call the automated super search line on 13 28 65 to complete a super search. QC 23846. The APRA has some information about lost members and. Claim your super. Ben later claims the unclaimed money amount from the ATO. You may apply to have your ATO-held USM transferred directly to your New Zealand financial institution if: you're 65 years or older, or; the amount is less than $200. Generally all you need is your Tax File Number (TFN) and, if you want to transfer your unclaimed super to your preferred super fund, your super fund. If lost super is found then True Wealth can help review your funds and assist with consolidation. The authorised LPR, or their nominated representative, can get a data package of the tax and super records we have for the deceased person. 0702. Data released by the Australian Taxation Office (ATO) for the financial year ending June 2020 shows that the Morrison Government’s reforms have had a big impact, reducing unclaimed super by $7 billion compared to 30 June 2019. SebReiter (Devotee) 14 Oct 2018. Source: Australian Taxation Office Media Release - Check your myGov account for your share of $16 billion in lost and unclaimed super ^ Source: Australian Taxation Office (ATO) Super accounts data overview. How to claim your lost money. inactive low-balance accounts. 6 billion. Other types of lost money include: old bank, credit union, building society or friendly society accounts, money from de-registered companies, money from compulsory share acquisitions, and; unclaimed life. Before your savings can be moved to your KiwiSaver account, you’ll need to arrange for your savings to be transferred from the ATO to an Australian complying superannuation fund regulated by the Australian Prudential Regulation Authority (APRA). 1 billion since last financial year, taking the total to $16 billion. make a payment arrangement for a debt that is less than $100,000. Around $13. Use ATO online services to keep track of your super, including accounts you may have forgotten or lost touch with. For tax purposes, to be recognised as the authorised LPR and have unrestricted access to the deceased's information and assets, you will need: for an executor – grant of. 6 million Australians can look forward to an early Christmas present as the ATO reunites 1. Alternatively, if you’re an AustralianSuper member and give the Fund consent to use your Tax File Number (TFN), we can help you track down your lost super. Payment method for SuperStream. These are amounts… ⚽️🏀🏈 Which sports teams are we buying with the unclaimed super?It should reduce the amount of lost or unclaimed super owing to employees. you have found a 'lost super' account with a balance less than $200. They report the net unclaimed money amount as a tax-free component, as the appropriate tax has already been withheld and remitted to the ATO for the benefit. Ask questions, share your knowledge and discuss your experiences with us and our Community. You may also check your super accounts online with us. ASIC maintains and publishes a database of unclaimed money records which helps people find and claim their lost money. 3 min readunclaimed super and you want to apply for payment. Australians can find lost superannuation in just a few clicks via the ATO, through MyGov. Follow the prompts to check if the ATO is holding any super for you. If your TFN is lost or stolen. Have your details ready Before you start the online application, make sure you have the following information handy: • Super account detailsAustralian Taxation Office Locked Bag 1936 ALBURY NSW 1936. Lost and unclaimed super, accessed 25 September 2023. Calculating your employees super . Tax implications. According to the Australian Taxation Office (ATO), Australians had just under $16 billion of lost or unclaimed superannuation. Lost Superannuation Australia - Funds must report ‘lost’ super to the ATO twice a year. The ATO has revealed which areas have the highest amount of lost super, the Queensland postcode of 4740 covering Mackay and surrounding suburbs topping the list at $49 million. (For statements before 2022, this means your Sunsuper annual statement. If you did an unclaimed money search and found some money, you should lodge a claim. 3. You can also use this account to check, consolidate and keep track of your super online. Contact your super fund and ask for help to find lost accounts. Search online and find your super at: AUSfund. com; findsuper. About 23 per cent of Australian workers also have multiple super accounts, which can make it easier to forget about or lose superannuation, the ATO said. Growing your super Find out about putting more money into your super and what help is available for low income. Unclaimed superannuation previously held by DTF in South Australia was transferred to the Australian Taxation Office (ATO) in September 2014. To apply for your Departing Australia Super Payment (DASP) use the DASP. com; findsuper. com. The unclaimed money application form is available within the register when you find and 'claim' an entitlement matching your search. News, Mario Videos, Mario Gear, Super Mario MySpace Layouts & Super Mario RingTones! inglet. Alternatively, if you’re an AustralianSuper member and give the Fund consent to use your Tax File Number (TFN), we can help you track down your lost. If your super relates to an earlier period, you can check your options from our lost super web page. You can also look for unclaimed money in bank accounts and insurance payouts, with the government's Unclaimed Money Search. Ancillary fund returns. Print friendly. The super guarantee percentage rate payable by employers from 1 July 2023 is 11%. Managing on a low income Get the most out of your money. If you have your tax file number (TFN) there's a very high likelihood we'll be able to locate your super accounts. 06 of the RSAR; a lost member within the meaning of regulation 1. You can search the register for free and submit a complete application form to collect any unclaimed money that is legally yours. A staggering $17 billion in ‘lost and unclaimed super’ awaits your search. Trend towards single accounts. Franking credit refunds. You can use the SG eligibility decision tool to find. Australian Taxation Office PO Box 3006 PENRITH NSW 2740; We will then record the LPR and you as authorised contacts on the deceased person’s record. It is important to know: insurance attached to each account. Employees will be notified by the ATO of the super fund details that were provided to the employer. 4 billion in lost super, while the ATO has $5. moved overseas. How to find lost super. The ATO has since paid out over $120 million in lost and unclaimed super over the last six months to individuals, after recent legislation passed, seeing inactive low-balance super. I consent to my details being collected and stored for the purpose of finding my lost super, and to being advised of my results. on or after 30 June but before 31 October. Peter contributes $330 for the July to September quarter to Sue’s super fund by the quarterly due date of 28 October 2023. Check for other lost money. Try to phone the super search line. 6 billion, which is a 40 per cent increase since 2019. On or after 1 July 1964, your preservation age is 60. The terms and conditions of Australian Super Finder I authorise the designated registered tax agent to act as my tax agent solely for the purpose of searching for my superannuation records. Use ATO online services to keep track of your super, including accounts you may have forgotten or lost touch with. An inactive account refers to a balance lower than $6,000 and no contributions made to the super fund in 16 months - whether by an employer or yourself. 6 billion, or 40 per cent, since 2019. Information you need to report. It’s easy, and it only takes a few minutes. 2019 ('000) 2020 ('000). These regulations define an RSA holder or member of a super provider to be a lost member at a particular time if:To effectively administer the super system, it's important that tax file numbers (TFNs) are provided when contributions are made to a super fund or RSA. ptDo you want to find your lost or unclaimed super? Use the online services of the Australian Taxation Office to search for your super accounts and consolidate them if you wish. Fast Key Codes for letters – alternative phone service. Download this form – Application for payment of ATO-held superannuation money (NAT 74880, PDF 261KB) This link will. We will not return documents that you mail to us. The Australian Taxation Office (ATO) recorded $13. This protocol document provides guidance to superannuation (super) providers in meeting their obligations under the Superannuation. This is the official communication platform for parents and the college. Prior year tax return forms and schedules. Claim details are below for different types of lost money: Bank accounts and bank dividends; Life insurance policies /Super/SMSF-newsroom/General/Could-you-have-lost-super- You can check and manage your super by creating a myGov account and linking it to the ATO. They report the net unclaimed money amount as a tax-free component, as the appropriate tax has already been withheld and remitted to the ATO for the benefit. How to claim your lost money. a lost member whose account has been inactive for 12 months, and your fund does not have the information needed to make a payment to you. Managing your super Check or combine your super accounts and search for lost super with ATO online services through myGov. Mick Davies. If you have a myGov account linked to the ATO, you can access your TFN online. You can use this application to transfer your ATO-held unclaimed super money (USM) to either your: KiwiSaver scheme provider, or. If you have lost super, the next step is consolidating it. Please note, any lost super you have held at the ATO will be automatically combined into your Rest account for you. Unclaimed super; Questions and answers. Unclaimed super can be the super of: Fund members aged over 65; Non-member spouses; Deceased members; Former temporary residents. If not, the ATO can hit the employer with fines on top of the super owed. The due date for lodging and paying is displayed on your business activity statement (BAS). We would like to show you a description here but the site won’t allow us. Section 20QA of the SUMLMA provides the definition of an ILBA as an account that meets all the following criteria: no amount has. date of birth. Yourlost Super Find your Lost Super ATO in Brisbane QLD, Australia. 4 billion were consolidated using MyGov online. Lost Super. Find out when you can access your super. If you are looking for ways to Find My Lost Super or to search for any of the unclaimed super, the ATO have the option for superannuation search tools. You cannot claim a tax deduction for standard member contributions made to a Defined Benefit account. 13 10 20. Between 1 July 1963 and 30 June 1964, your preservation age is 59. Request a transfer or refund. gov. Employers can utilise this service to determine whether employer contributions qualify as superannuation guarantee payments. According to the Australian Taxation Office (ATO), there’s $13. It's easy to find your lost super online through the ATO: Go to my. Find our most popular forms and instructions listed below or use search and then refine your results using the filters. The 2 tables below show the total number and value of ATO-held USM accounts (as reported and paid by funds) and SHA amounts, at the end of the last 4 financial years. The ATO is also proactively working to find people who are entitled to. super-super-search. Your super fund will report you as a lost member if either: 1. This includes the requirement for providers to report and pay in the approved form by the scheduled statement due dates as follows: for an unclaimed money day being 31 December of any year – 30 April of the following year. Last updated 19 January 2023. To be eligible to receive UK pension transfers, Australian super funds must apply to HRMC and satisfy their QROPS. Also, he knows that Maree's estate will continue to receive income from the shares and rental property. 1 billion since last financial year, taking the total to $16 billion. I contacted Australian Super Finder to help me with my lost super, as the task is obviously very daunting. Claiming ‘lost super’. Just call 13 10 20 or visit ato. Our role is to manage and shape the tax, excise and superannuation systems that fund services for Australians. Finding lost super and super held by the ATO According to the Australian Taxation Office (ATO), Australians had just under $16 billion of lost or unclaimed superannuation as at 30 June 2022. This button displays the currently selected search type. The Unclaimed superannuation money (USM) statement paper form is for super providers with reporting and payment obligations under the Superannuation (Unclaimed Money and Lost Members) Act 1999 (SUMLMA) and for funds reporting New Zealand sourced USM amounts. If you do so, the ATO says you will need to be ready to provide some or all of the following personal information on request: your personal details tax file number (TFN) name Superannuation Industry (Supervision) Regulations 1994 (SIS Regulations). If your income, plus before-tax contributions, are over $250,000 per year, some or all of your contributions. The rightful owner can claim their money at any time – there is no time limit. Some employees may have a higher percentage of super agreed by an award rate or employment agreement. gov. Phone us on 13 10 20 for an alternate fund if your online request gives you the same stapled super fund details. You can view details of your super accounts including: super accounts you may have lost track of and any ATO-held super. Single touch payroll (STP) deferral or exemptions. According to the ATO, as of February 2023, there was $16 billion in lost or unclaimed super logged with the tax office. com Wii Love Mario - Super Mario Bros | Everything Mario - Super Mario Bros. The tax office was also urged to. I consent to my details being collected and stored for the purpose of finding my lost super, and to being advised of my results. Committee. And it should be working as hard as you are towards retiring your way. Australian Taxation Office PO Box 3578 ALBURY NSW 2640. Super funds currently hold $10. Another option to track down your lost or unclaimed super is to call the ATO’s automated ‘lost super search line’ on 13 28 65. 5% to 11%. sign in to myGov. The ATO may also transfer your super money into a super account held in your name. BY 28 Feb 2023. Applications for Director ID - Final Date 14 December 2022 super search line. Super becomes ‘lost’ when it is still held by the fund but the member is uncontactable or the account is inactive. McIntosh. The ATO currently holds $5. Find out about choosing a super fund on the Moneysmart website. g. The Australian Taxation Office says lost or unclaimed super funds have risen by $2. Keeping track of your super and Searching for lost super, will also provide you with further helpful information. Contact your provider to request access. Visit the Australian Taxation Office to track and manage lost superannuation. If you’ve ever . Changes in 'lost' status. 2. Contact the Australian Business Register (ABR) at the ATO for queries relating to: Contact the ATO's Superannuation enquiries line for queries relating to: Contact Australian Prudential Regulation Authority (APRA) for queries relating to: any of the tools and services available through the Super Fund Lookup website. Lost member reporting. Individuals and agents can complete a super search by phoning our automated super search line on 13 28 65. It's relatively easy to get that money back if yours is in the mix. You may want to seek independent financial advice before requesting a transfer of your super benefits. You can only apply for DASP after you leave Australia and. Tell us as soon as possible if your TFN is stolen or misused. 4. small lost member accounts and inactive accounts of. Your Lost Super help you to track down & consolidate your lost super with our Free Search. AUSfund was an eligible rollover fund established to manage the lost and unclaimed accounts of super fund members. To find out if you have ATO-held super, use either: our online services sign in to myGov select Australian Taxation Office select Super, then Fund details the ATO app. If a death benefit is paid to a dependant of the deceased, it can be paid as either a lump sum or income stream. If the employer is still around, you may be able to get in. Super funds currently hold $10. Super funds need to transfer unclaimed super to the ATO. The ATO app allows you to keep track of your super. Login to MyGov to view lost super. If you think you have lost super and it’s not in your ATO online services, contact your. 1. by completing a paper form. You are required to assess the lost status of your members at least twice a year: on or after 31 December but before 30 April. To keep your account active for another 16 months by completing the ATO Declaration Form. You report and make the payment by the scheduled statement. This was made up of just over 6. You will find the provisions governing the reporting and payment to the ATO of inactive low-balance accounts (ILBA) in Part 3B of the Superannuation (Unclaimed Money and Lost Member) Act 1999 (SUMLMA). *As at 27 Feb 2023. Complete your application. ATO Community is here to help make tax and super easier. We need yourMost helpful reply. You can usually locate your employer's ABN on your last. 9 million accounts. This map will help you navigate your way to see if any of it is. Find out about managing your super. Tax may be payable in Australia. 4 billion in lost super. changed your name, address or job, you may have lost . Once we receive your form, we’ll write to you to confirm the amount you. Lost super is money held by funds when a. Our team will use the ATO portal to complete your free lost superannuation search for you. To find lost or unclaimed super, create a myGov account and link to the ATO. For more information contact the ATO on 13 10 20 or visit the Australian Taxation Office Lost Members Register. If you think this applies to you, contact any previous super funds to see if they. super co-contribution system records, so that super co-contribution entitlements can be determined and paid for eligible individuals; the super unclaimed money register, to maintain a register of unclaimed super money paid to us. Services and support Services and support provides links to resources and information to support large superannuation funds. 1 billion since last financial year, taking the total to $16 billion. You will be able to check all of your super accounts, find any lost or ATO-held super, and transfer your super into the super account you want. au. How super contributions and withdrawals are taxed. Lost or stolen TFN. visa holder status (if applicable) Simply sign into your myGov account and navigate to the 'Manage my super' section. gov. We'll email you an application ID number so you can pick up where you left off if you don't want to complete the process today. Click on the ATO icon. Instructions. your total super balance, which is relevant to how some key superannuation rules apply to you. au. Log in or create an account. I consent to my details being collected and stored for the purpose of finding my lost super, and to being advised of my results. SGC claims regarding excluded employees, such as directors and their spouses, will be a priority on the first $2,000 claimed. Finding lost or unclaimed superannuation is easy and can be done in a matter of minutes. Find out your super balance at retirement. Super is your savings for retirement. Lodge super guarantee charge statement. explore account balances and view super information and actions that are personalised to your circumstances. 8 billion:“From November 1 onwards, around 2. And it’s an increase of $2. To find and manage your superannuation using ATO Online Services: Select ‘super’. Who is the Hostplus fund administrator? Australian Administration Services Pty Limited (AAS) ABN 62 003 429 114 has been. The ATO in 2018 found over 540,000 active, lost and unclaimed super accounts worth more than $4. InvestmentsReceiving a super death benefit. However, you cannot get the full amount of your superannuation back. Here's a link to an ato. /individuals/super/growing-your-super/keeping-track-of-your-super?=redirected_superseekerFind your lost super Australians have billions of dollars in lost super with the Australian Taxation Office (ATO) and some of it could be yours. Super providers are required to report and pay super to the ATO once it reaches certain USM category requirements. If you think you have lost super and can't see it on ATO online, we may not have all your details. your total super balance, which is relevant to how some key superannuation rules apply to you. And to make managing and reporting on payments simpler for businesses. If you have an active ABN, you can use ATO online services to manage your other lodgments: Add, update or cancel tax registrations. If you've ever changed your name, address or job, your fund or the ATO may not have your current details, which can result in your super becoming lost or unclaimed. /general/online-services/ato-appUnder the portability rules, members of most super funds can request that their super benefits be transferred or rolled over into a fund of their choice. We can then help you consolidate everything into one super fund of your choice for a one-off fee. External Link. I am attempting to find any unclaimed super for my deceased partner. You can join online and start saving with us today. Alternatively call the ATO on 13 10 20 . gov. The super withdrawal option you choose may affect how much tax you pay. Tax return for individuals 2023. 19%. The ATO holds lost super and can help you claim it back. The laws of super mention a very large description of in which conditions your fund treated as lost. ATO Deputy Commissioner, Superannuation and Employer Obligations, Emma Rosenzweig, said despite the ATO working hard to reunite people with their retirement funds, $16 billion was still unclaimed. National rental affordability scheme. 3 million lost and ATO-held accounts with a total value of just under $18 billion lost superannuation moneys. Quentin Jean Jacques Gomis. Check the eligibility criteria for withdrawing super from ATO-held accounts. The ATO's role is to effectively manage and shape the tax, excise and superannuation systems that support and fund services for Australians. The Unclaimed superannuation money (USM) statement paper form is for super providers with reporting and payment obligations under the Superannuation (Unclaimed Money and Lost Members) Act 1999 (SUMLMA) and for funds reporting New Zealand sourced USM amounts. Individual tax return instructions 2023. If you’ve had one or more employers prior to working for the SA public sector, it’s likely you do too. Currently, New Zealanders with USM held by the ATO who wish to repatriate those savings to New Zealand must first have them transferred to an Australian. If you've lost or haven't received your paper BAS, you can get a copy by phoning us on 13 28 66. Generally all you need is your Tax File Number (TFN) and, if you want to transfer your unclaimed super to your preferred super fund, your super fund membership number as well. Ex-Maritime members and employers can find more information here. Australian Super Finder was set up to aid millions of Australians to take control of their lost and inactive Super Accounts. tax file number (TFN) name. 8 billion in Australians’ hard earned wages is waiting to be claimed, in the form of lost and unclaimed superannuation. This form may take some time for us to process. I have a friend who is over 65 years old and currently residing overseas. Your lost super may be held by your super fund or by the Australian Taxation Office (ATO). Find out everything you need to know to grow your super now. Tax return for individuals 2023. There is over $20 billion worth of lost superannuation in Australia [1], as at 30 June 2019. Super is your money. A super fund is a company that manages your super for you.