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ATO warns that SAR lodgments are on its radar
Outstanding SMSF annual returns will be a primary focus of the ATO, the deputy commissioner has said.
investment and economic outlook, August 2025
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Compassionate release warning issued
The ATO has warned consumers, financial advisers and health practitioners it is aware of dishonest practices being used to access superannuation early for non-critical medical procedures.
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Avoid LRBA structure short cuts
SMSF trustees using limited recourse borrowing arrangements (LRBA) should avoid trying to cut corners in setting up a trust for the loan, with an SMSF structure expert stating they should set up a dedicated bare trust for each gearing measure.
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ATO flags October SAR lodgment date
The Tax Office has reminded trustees that SMSFs need to start preparing for their SMSF annual return lodgment, which is due by 31 October 2025.