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Crucial lodgement deadlines flagged for SMSFs

To avoid the deadline dramas of recent years, the Tax Office has issued a reminder of its two critical upcoming lodgement deadlines for clients with SMSFs.

SMSF Reporter 03 May 2019
— 1 minute read

Last year and the year before, critical SMSF lodgement deadlines were a headache for accounting and SMSF professionals.


This was largely because of the transfer balance cap introduction and associated reporting requirements. CGT relief was also a source of contention and confusion for clients and professionals alike.

This year, the due date for annual returns that are non-taxable or received a refund in the latest year, lodged and are non-taxable, or will receive a refund in the current year will be 5 June 2019.

“This concession is only available to SMSFs with a lodgement due date of 15 May 2019,” the ATO said.

The due date for annual returns that were not required on an earlier date and not eligible for the 5 June lodgement concession date will be 15 May 2019.

“For SMSFs that lodge their transfer balance account reports (TBAR) annually, the report is due on the same day as their annual return,” it said.

For background information on previous deadline extensions and reporting considerations, click here.

Crucial lodgement deadlines flagged for SMSFs
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