Forum Discussion

Docklander's avatar
Docklander
Cover User
3 years ago

Can MYOB's clearance house do Rollover Benefit Transfering?

Hi, Do everyone know whether MYOB's clearance house has a function to transfer SMSF rollover benefit or not? If not, how to transfer the SMSF rollover benefit out? Thanks. Regards, Henry
Tracey_H's avatar
Tracey_H
Former Staff
3 years ago

Hi Docklander 

 

I'm sorry to see that no one has replied to you yet. Changes were made to the way super contributions are processed through Pay super in February 2022. These changes mean that SuperChoice is the clearing house for super contributions.

 

This means that once a Pay super payment is authorised, SuperChoice withdraw funds from your bank account, process the contributions and forward to employee super funds.

 

Please let me know if you need further help.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

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