The ATO has today announced a blanket lodgement deferral for 2018/19 SMSF Annual Returns to 30 June 2020.
While this is a welcome development, we need to recognise that the extra time will slip by quickly given the challenges of today’s environment.
Auditor workloads increase dramatically as we approach any deadline, so to ensure you meet the extended deadline it is recommended to get funds in as early as possible.
As always SMSF Engine are available to assist with your workload whether that be on a one-off or permanent basis.
by Alex Polorotoff The ATO has indicated it will be placing a greater focus on scrutinising documentation and investment strategies as part of its […]
by Alex Polorotoff It seems likely that the Bill currently before Parliament, increasing the maximum number of members in an SMSF to six, will […]