Revision of Member contributions statement (MCS) specification v10.0.0 from Tue, 2014-06-24 11:31

Version: 

v10.0.0

Original Published Date: 

16/12/2013 - 03:45pm

Status: 

  • Current

Tax Category: 

  • Superannuation

Resource Type: 

  • Specifications

Description: 

The FINAL member contributions statement electronic reporting specification v10.0.0 (MCS) is available below.

A tracked version of the final specification showing changes from the published current version 9.0.0 to the final version 10.0.0 as well as a clean version are available. This FINAL specification is to be used in the development of software for the electronic lodgment of the MCS.

Only version 10.0.0 is now accepted for lodgment of all MCS files including amendments for prior years.

The MCS Protocol is available below. The Protocol has been designed to be used in conjunction with the MCS specification.


Development of Software for Defined Benefit Funds

The supplementary instructions for reporting the ‘Defined benefit contributions’ in the
2013-14 MCS are now available. These instructions supplement the MCS electronic reporting specification version 10.

The regulations for calculating and reporting the ‘defined benefit contributions’ in the member contribution statements (MCS) for the 2013-14 and later years were made on 15 May 2014.

All defined benefit funds and their administrators are required to:

  • Lodge all 2013-14 MCS by the due date 31 October 2014.
  • If you have calculated the amount of the ‘Defined benefit contributions’ using the new regulations and have prepared the MCS based on that on time to lodge by the due date then lodge the MCS with this field completed,
  • If not, then you must zero fill the ‘Defined benefit contributions’ field (6.121 in the specification) and lodge the MCS by 31 October 2014 and then amend the MCS by no later than 31 January 2015 to provide this data in accordance with the regulations.

Enquiries regarding this FINAL specification, including questions about the supplementary instructions for defined benefit funds, should be directed to the Software Industry Liaison Unit at SILU@ato.gov.au.

 

Reason for Amendment: 

23/06/2014 - Have added the MCS v10 supplementary Instructions for defined benefit funds

25/03/2014 - Have added the Member contribution statement - supplier lodgment declaration and instructions

Resource Attachments:
AttachmentAdd to Cart
View this file Member Contribution Statement (MCS) electronic reporting specification clean v10.0.0 Add
View this file Member Contribution Statement (MCS) electronic reporting specification tracked v10.0.0 Add
View this file Member contribution statement - supplier lodgment declaration and instructions Add
View this file Member Contribution Statement (MCS) Protocol Add
View this file Member Contribution Statement (MCS) supplementary instructions for defined benefit funds Add