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NEWSFLASH - SMSF Trustees - more reporting required by the ATO
The ATO has proposed to introduce event based reporting which will require reporting within 10 days of the start of pensions, commutations of pensions and other activities within the fund. This means that there will be a need to ensure that pensions are started when they should be, and minimum pensions payments are made each year, within the required time frames.
The ATO has suggested either a 15 May 2018 or 1 July 2018 start date for this new reporting obligation. posted 8/6/2017
May Newsletter (Business) - published 31 May 2017
Budget edition of our newsletter - published 16 May 2017
April Newsletter (Individual) - published 5 April 2017
February Newsletter (Business) - published 12 February 2017