Australia Tax Agency Announces Deadline to Lodge Self-Managed Superannuation Fund Annual Returns

The Australian Taxation Office Nov. 26 announced the Feb. 28, 2025, deadline to file self-managed superannuation fund (SMSF) annual returns (SARs). The announcement also includes: 1) SMSFs with covered assets as of June 30 are required to file a return for the 2023-24 financial year; 2) SMSFs without covered assets may either submit a return not necessary request or cancel their SMSF registration; 3) taxpayers may appoint registered tax professionals to assist with filing returns; and 4) failure to timely file a return may cause an SMSF’s compliance status on Super Fund Lookup to change to “regulation details removed,” which ...