Smith Wealth Smith Wealth
 

End of Financial Year!

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This year 30 June falls on a Sunday, which means that the cut-off times for super contributions may be brought forward in some cases.

Please note: The dates shown below are for our Asgard clients. Other super funds cut-off dates may differ – please contact us if you have an queries.

Asgard is not processing on Saturday 29 June or Sunday 30 June. Please take this into account as you plan for the EOFY as Asgard are unable to backdate transactions. If any of you have a regular Direct Debit scheduled for Saturday 29 June or Sunday 30 June there’s no need to move it — it will be processed on Friday 28 June.

Contributions (cut-off dates):

Asgard Super

Direct Debit – 27th June – Application or Contribution Remittance Advice forms and original Direct Debit Request forms must be received in Asgard’s Perth office by 5pm (EST).

Cheque – 27th June – Application or Contribution Remittance Advice forms and cheques must be received by:

• PO Box 7490, Cloisters Square, WA 6850, OR
• local Asgard office
for receipt by 5pm (local time).

BPay –  27th June – Asgard must receive Bpay proceeds by 5pm (EST) on 27 June.

Employer Online Transact (EOL)

Choice payment – 13 June – All Choice payments (via Direct Credit, Direct Debit and Bpay) must be submitted by 5pm (EST).

Direct Credit – 21 June – If the direct credit file is submitted by 5pm (EST), we’d expect the funds to be received in time for 30 June processing. The electronic file confirming the contribution details must be submitted via EOL at the same time. Note: Asgard can’t guarantee processing for 30 June if either file is submitted after this deadline.

BPay – 21 June – 1. Submit Contribution Schedule via EOL.
2. We must receive Bpay proceeds by 5pm (EST) on 27 June.

Direct Debit – 27 June – Submit Contribution Schedule via EOL by 5pm (EST).

We’ve also attached a flyer from Asgard titled “What to expect at the end of the financial year”, which details such issues as distribution processing, delayed withdrawal requests in July and tax reports. We encourage you all to read the flyer – click here

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