Consequences of late SMSF annual returns

http://blog.revolutionadvisors.com.au/consequences-of-late-smsf-annual-returns/

From 1 October 2019, if an SMSF is more than two weeks overdue on any annual return lodgment due date and hasn’t requested a lodgment deferral, the ATO will change their status on Super Fund Lookup (SFLU) to ‘Regulation details removed’. The ATO is taking this approach as non-lodgment combined with disengagement indicates that the […]