The ATO is encouraging all SMSFs to start lodging reports for events on a quarterly basis now with the new streamlined regime now only months away. This week the ATO has updated its website materials
While the ATO has applied an educative approach to transfer balance accounting reporting so far, 2023 could be the turning point where it starts to apply the rules more strictly, says an SMSF specia
SMSF professionals will need to prepare for an earlier reporting deadline for reportable events from the 2022-23 year following recent details announced by the ATO. Last week the ATO told SMSF Advise
The ATO has assured SMSFs that it has no plans to move SMSFs to monthly based reporting at this stage. In late June this year, the ATO announced thatĀ from 1 July 2023, transfer balance account report