2016–17 SMSF return extension
ATO extends due date for 2016–17 SMSF returns This week the ATO announced that it will extend the due date for lodgment of self-managed superannuation fund (SMSF) annual returns for 2016–17 to 30 June 2018. Deputy Commissioner James O’Halloran said “We recognise there are some major new considerations and decisions for SMSFs and their advisers to […]
ATO releases position on SMSF event-based reporting
ATO finalise position on SMSF event-based reporting for transfer balance cap Following extensive consultation with the super industry, from 1 July 2018: SMSFs with members with a total super balance of less than $1 million will report events that impact their members’ transfer balances at the same time that the SMSF lodges its annual return SMSFs that […]