When is my SMSF Annual Return due ?
You need to lodge an annual return once the audit of your SMSF has been finalised. The SMSF annual return is more than an income tax return. It is also used to report super regulatory information, member contribution data and payment of the supervisory levy.
Generally speaking, if your return is lodged each year through a tax agent and you have maintained a good lodgement record, the due date will be the 15th of May. For the first year the due date would be the 28th of February.
If you choose to lodge your SMSF annual return without the assistance of a tax agent, the due date for the first year is 31 October and changes to 28 Feb for subsequent years. If you did not lodge your return for the previous financial year on time the due date will be 31 October.
The above dates are a guide and should be read in conjunction with the ATO Key Lodgement dates:
Newly registered Self-Managed Super Funds (SMSFs)
Annual returns for new registrant (taxable and non-taxable) SMSFs are due for lodgement by:
• 31 October 2016 for SMSFs who prepare their own annual return
• 28 February 2017 for SMSFs who are tax agent clients.
Existing Self-Managed Super Funds (SMSFs)
Annual returns for existing (taxable and non-taxable) SMSFs are due for lodgement by:
• 28th February 2017 for SMSFs who prepare their own annual return
• 15th May 2017 for SMSFs who are tax agent clients.