Revenue NSW is encouraging members of the public to check if they are owed any money from the millions of dollars being held by the Agency and waiting to be claimed.
Minister for Finance and Small Business, Damien Tudehope said more than $146 million in “forgotten money” was sitting with Revenue NSW, including money from share dividends, trust accounts, deceased estates, overpayments and a range of other sources.
“The value ranges from $20 in share dividends to a trust fund worth more than $1 million,” Mr Tudehope said.
He said Revenue NSW held more than 414,000 unclaimed items from private companies, State Trustees, local councils and government agencies that couldn’t be returned to owners because contact details were out of date and the individuals could not be tracked down.
“Finding out if you are eligible is quick and simple,” he said.
“If you enter your name into the free search tool on the Revenue NSW website you can see if you have an eligible claim.
“If you do have a claim, notify Revenue NSW and collect your money.”
Mr Tudehope said the Government would hold the money indefinitely until it was claimed.
Readers interested in finding out if they are eligible for unclaimed money can visit Revenue NSW at this PS News link.
