Coronavirus and early access to your super
The Government is allowing individuals in financial stress to access up to $10,000 of their super in the 2020-21 financial year (up to 31 December 2020). If eligible, you won’t pay tax on the withdrawal/money and it will not affect your Centrelink or Veterans’ Affairs payments.
You need to apply directly to the ATO for early release payments. We'll make the payment once the ATO have processed and approved your application. We expect payments to take 3-5 working days to be processed and in your nominated bank account.
Find out more about eligibility criteria, how to apply and other important information.