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Non-lodgement of SMSF returns a red flag for ATO, say industry associations

The non-lodgement of SMSF returns is a red flag to the Australian Taxation Office as it could mean a number of unsavoury things may have happened according to two of Australia’s peak accounting bodi ....

Tony Greco , Tony Negline , Institute Of Public Accountants , Public Accountants ,

New SMSFs warned on importance of meeting lodgement deadline

Ensuring that the SMSF annual return is lodged on time is important for any SMSF trustee but is particularly critical in the fund’s first year, says Heffron. In a recent article, Heffron managing ....

Super Fund Lookup ,

Budget increase plus CPI will push up lodgement penalties 35%

Fines for individuals could exceed $1,500 and for big business more than $750,000, says the Tax Institute. ....

Tax Institute , Scott Treatt , Benefits Tax , Touch Payroll ,

ATO relaxes lodgement deadlines for flood-hit zones

With four different states facing catastrophic flooding, the tax office has revived previous support schemes. ....

Little point changing lodgement date, says CPA

The ATO remains in limbo on vital pre-fill data despite giving the green light to returns. ....

Elinor Kasapidis , Banking Group , Citigroup Pty , Momentum Media Team , Auswide Bank Ltd , Macquarie Bank , Bank Ltd , Pty Limited , Bank Limited , Group Limited , Accountants Daily ,