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ATO's late lodgement focus set to continue this year

SMSFs with late lodgements will continue to be under close scrutiny this year, with the ATO still looking to see further improvement in this area, says an SMSF auditor. In February last year, the ....

Miranda Brownlee , Shirley Schaefer , Tim Howard , Mark Chapman , Justin Micale , Hr Block , Aquila Super , Chris Levy , Investor Daily , Onato S ,

'Tsunami of work coming' in lead up to lodgement deadline

With additional requirements and delays in work being sent to auditors, one audit firm fears there will be a “tsunami of work” hitting SMSF professionals and auditors in the weeks leading up to t ....

Miranda Brownlee , Aquila Super , Chris Levy , Investor Daily ,

SMSFs reminded on upcoming TBAR lodgement deadline

The ATO has reminded SMSFs that report on a quarterly basis that a transfer balance account report will need to be lodged by 28 January next year for any events occurring between 1 October and 31 Dece ....

Miranda Brownlee , Tax Office , Investor Daily ,

ATO flags concerns with SMSF non-lodgement rate for 2020 return

With the lodgement rate still sitting at nearly 85 per cent for the 2020 annual return, the ATO is concerned by the alarming increase in "never lodgers", indicating broader compliance trends being seen for SMSFs. ....

Technical Strategy Day , Kellie Grant , Tax Practitioners Board ,

ATO doubles down on lodgement benchmark 'support'

The ATO’s assistant commissioner has confirmed practitioners will not lose access to their lodgement programs if benchmarks aren’t met, as the Tax Office shifts gears in a bid to “support” the profession.
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New South Wales , United States , John Jeffreys , John Buckley , Sylvia Gallagher , Washington Post , Tax Office , Super Australia , Accountants Daily Strategy Day , Sydney Morning ,