When trying to validate the annual return for a pension fund that commenced on or after 1 June, no minimum payment is required to be made for that financial year. However, I am receiving the following validation message:
To Claim a tax exemption for the current pension income you must pay at least the minimum benefit payment under the law. Record Exempt current pension income at Label A.
This is a mandatory quality check introduced by the ATO on the PLS/SBR systems. Please contact the ATO on how to proceed or alternatively lodge a paper return.