08 / Completion
Using the result and making amendments
An approved percentage applies to eligible income in the periods it covers. Assessable contributions and non-arm’s length income are excluded from ECPI. Income from segregated assets is treated separately.
Before lodging
Resolve review matters and get any required actuarial certificate before you lodge the annual return. Keep the income allocation and the certificate consistent with the final accounts.
When information changes
A changed balance, transaction date, pension classification or trustee election can change the result. Compare the revised inputs with the earlier application and request an amendment when material information changes. Keep both the superseded document and the replacement, with a clear explanation.
Keep a complete record
Keep the final input schedules, supporting documents, trustee choices, review correspondence and the issued certificate. A payment confirmation is a separate record. It is not evidence of actuarial sign-off.
Checklist
- Exclude income that is not eligible for ECPI.
- Use the certificate for the correct year and periods.
- Record why any material amendment was made.
Further reading: ATO · Running a self-managed super fund