If you’re a trustee of a self-managed super fund (SMSF) with assets as of 30 June 2024, it’s time to start thinking about lodging your SMSF annual return (SAR) for the 2023/24 financial year.
The SAR isn’t just a tax return—it also reports super regulatory information, member contributions, and includes the SMSF supervisory levy.
When is the deadline to lodge your SMSF Annual Return?
Lodgment due dates depend on your SMSF’s status:
- Newly registered SMSFs and those with overdue SARs (excluding deferrals) should lodge by 31 October 2024.
- All other self-preparing SMSFs need to lodge by 28 February 2025, unless the ATO specifies a different date.
- SMSFs lodging through a tax agent generally have until 15 May or 6 June 2025.
Other key requirements
If you’ve engaged a new tax agent, you’ll need to nominate them as your authorised representative before lodging.
Also, don’t forget to appoint an approved SMSF auditor at least 45 days before your lodgment deadline. Your audit must be finalised before you submit your SAR, and the return must include your auditor’s details.
If you have any questions, get in touch with your contact at Quantiphy—we’re here to help.
