2020 SMSF annual return due date

The ATO has reminded that self-managed super funds (SMSFs) unable to meet their lodgment date should obtain a deferral before the due date.

An SMSF that is more than two weeks overdue on any annual return and has not requested a deferral will receive a status on the Super Fund Lookup of “Regulation details removed”. This status means that:

• Australian Prudential Regulation Authority (APRA) funds will not roll over member benefits to the SMSF, and
• employers will not make super guarantee contribution payments for members of the SMSF.

Funds that have an annual return due date of Saturday, 31 October 2020 will have until 2 November 2020 to lodge.