TFN Collection Statement

Tax File Number (TFN) collection statement

Under the Superannuation Industry (Supervision) Act 1993, NESS Super Pty Limited (the Trustee) is authorised to collect, use and disclose your Tax File Number (TFN).

The Trustee may disclose your TFN to another superannuation provider, when your benefits are being transferred, unless you request the Trustee in writing that your TFN should not be disclosed to any other superannuation provider.

Providing your Tax File Number

Declining to provide your TFN is not an offence.

If you do not provide the Trustee with your TFN either now or later:

• we will not be able to accept personal contributions;
• contributions an employer makes for you, including salary sacrifice contributions will be taxed at a higher rate; and
• tax will be withheld from cash withdrawals at a higher rate.

Providing us with your TFN have the following advantages:

• we will be able to accept all permitted types of contributions to your account;
• you will not pay more tax than you are required to pay; and
• it will make it much easier to find different superannuation accounts in your name.