Heffron includes tax exemption reporting for Class Super
Self-managed superannuation fund (SMSF) administration provider Heffron has expanded its actuarial solution to automatically provide clients with tax exemption percentages from Class Super users.
Previously Class Super clients were able to transfer data automatically via their Class system into Heffron's online system to request an actuarial certificate and had to physically note the tax exemption percentage and enter it manually.
The enhancement will automatically return this to the client via their Class system. It will also provide automatic prompts if the original estimated percentage changes when it is later finalised and confirmed by the actuary.
Heffron managing director Martin Heffron said the integration was unique for Class users and an important step in saving clients' time and improving business productivity.
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