SMSF Compliance Tips – The SMSF Annual Audit
With assets worth more than $1.01 trillion and more Australians selecting self-managed super funds, the ATO has increased focus on SMSF auditors and their annual reports to govern the sector this year. So, we have some tips for members and professionals which will ensure a smooth SMSF annual audit that’s in line with 2025 SMSF legislation. […]
The Cost of Being Late: Risks & Penalties for Overdue SMSF Annual Returns
One of the most critical SMSF administration tasks is getting the SMSF Annual Return (SAR) lodged on time. As recently reported, the ATO is hyper-focused on non-lodgement this year, and recently increased penalties for those who miss SAR deadlines. If you’re running an SMSF or advising someone who is, here’s what you need to know about […]