Our region’s seniors may have money owed to them and are invited to check by using Revenue NSW’s online unclaimed money service.

Member for Tamworth Kevin Anderson said the Revenue NSW online unclaimed money service was free and anyone could go online to see if they had an unclaimed windfall.

“The hustle and bustle of life can mean some lose track of money here and there, particularly when it comes from share dividends, trust accounts, refunds, commissions, deceased estates and money from a range of sources,” Mr Anderson said.

“Revenue NSW’s free online service gives seniors an opportunity to find funds that may have been lost over the years, easing cost of living pressures and putting extra money in the kitty while expenses pile up.”

The Unclaimed Money register is a caretaker account within Revenue NSW for money which has not made it to the correct owner for any number of reasons including a change of address or name, misplaced paperwork or it has simply been forgotten.

Revenue NSW periodically carries out data matching activities and attempts to contact potential owners of new items received from enterprises.

Seniors can search for unclaimed money and learn more about the process at https://www.revenue.nsw.gov.au/unclaimed-money.  

Examples of money owed

•           Refunds and overpayments from a purchase

•           Sale of property, goods, or services

•           Deposits and premiums

•           Principal and interest

•           Share dividends

•           Cheques that have not been cashed or deposited

•           Trust account funds

•           Commissions

•           Creditors

•           Expenses