What is Linear Fund's USI number? 62311059575002
USI number is short for Unique Superannuation Identifier number. It was introduced as part of the SuperStream system, which came into effect in July 2014. The SuperStream system was introduced as a result of the Australian Federal Governments 'Stronger Super' reforms. The Stronger Super review was conducted between 2007 & 2013 and focused on the operation of Australia's superannuation scheme, it's structure and it's efficiency. SMSF funds are not issued a USI number, instead they use their ABN number as an identifier.
|Linear Superannuation Fund USI Number:||62311059575002|
The ABN number of Linear Superannuation Fund is 62 311 059 575
ABN stands for Australian Business Number. All business entities in Australia are required to register with the Australian governent in order to receive an ABN. Once registered, a unique abn is generated for the business and used as a unique identity for taxation and government reporting responsibilities. The Australian government provides a service to look up abn details. It can be used to determine abn, business name, address and status details.
All invoices must bear an ABN number to be considered a valid invoice in Australia. There can be penalties associated with generating & sending invoices that do not have an ABN present.
ABR is the Australian Business Registry service provided by the Australan government. They provide some fantastic tools for managing your business & reporting necessary details to the government. Through the ABR portal you can lookup your ABN & the details associated with other ABN's (one you've found on an invoice, for example).
Getting an ABN is free and easy, you can even do it online. Simply visit the ABR website, check that you're eligible, fill in a few details about your business and your ABN will be delivered by mail within a few days.
Not every business is eligible for an ABN (but 99% are). You need to be running (or about to start) a business within Australia (obviously). Employees are not applicable for an ABN, you would need to be a self contractor of some nature (the business would generally request an ABN from you, if it's applicable). You business activity needs to serious, not a hobby. If you're just kicking around a side project and don't intend to write invoices or make any money, don't bother with an ABN. Finally, taxation (GST). This only becomes necessary when you're turning over $75,000 or more within the business. This gives many businesses some leeway when it comes to GST, until their business starts to grow.
|Linear Superannuation Fund ABN Number:||62 311 059 575|
The RSE number, otherwise referred to as a Registerable Superannuation Entity Number, are issued to a superannuation to denote they're registered with the Australian Prudential Regulation Authority (APRA). RSE's are issued in accordance with section 56 of the Australian Prudential Regulation Authority Act 1998 and Part 11A of the Superannuation Industry (Supervision) Amendment Regulations 2004 (No. 3) 2004 No. 113.
Only a regulated superannuation fund or an approved deposit fund or a pooled superannuation trust is applicable for an RSE, a self managed super fund (SMSF) is not eligible. Provisions for the registration of RSEs is provided under Part 2B of the Superannuation Industry (Supervision) Act 1993 (the SIS Act). You can verify the RSE by looking up the fund ABN on the APRA website.
|Linear Superannuation Fund RSE Number:||R1076349|
Linear Asset Management (fund provider) details
ABN number is short for Australian Business Number. An ABN is an 11 digit number which uniquely identifies a business entity. It it used by the community to provide a unique point of reference for a business. The ABN is also used by government for a number of tax & business reporting purposes. ABN's maintain a consistent pattern of 2, 3, 3 & 3 digits, for example: 22 333 333 333.
|Linear Superannuation Fund ABN Number:||11 119 757 596|
In addition to an RSE number, superannuation providers are also issued with a RSEL, Registerable Superannuation Entity Licence number, by the Australian Prudential Regulation Authority (APRA). An RSE Licensee is provided to entity to denote that it has attained a RSE Licence granted by APRA under section 29D of the SIS Act.
|Linear Superannuation Fund RSEL Number:||L0003453|
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