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  • Quarterly TBAR due 28 October

    The next transfer balance account report (TBAR) due date is 28 October 2019. You are only required to report if your self-managed super fund (SMSF) client falls under the quarterly event-based reporting framework, and a member had a transfer balance account (TBA) event occur in July–September 2019. If no TBA event occurred, you will not need to report.

    This information is not collected in your client's SMSF annual return. You must lodge the TBAR as a separate reporting obligation.

    If you need to lodge a TBAR in response to an excess transfer balance determination or a commutation authority, the timeframes are different.

    Decommissioning spreadsheet TBAR form

    Electronic lodgment for TBARs has been available in Online services for agents since March 2019. We are now decommissioning the spreadsheet TBAR form, and we will not process forms you lodge this way after midnight of 31 October 2019.

    The advantages of the online TBAR form include:

    • pre-filled supplier and provider details with your details and your SMSF client's details
    • pre-filled member details for second and subsequent events for the same member
    • inbuilt verification rules to reduce reporting errors
    • faster processing time. We generally process events reported via the online form within 24 hours. If you represent an individual, you will be able to see the information reflected in the SMSF member's transfer balance account at the same time.

    See also:

      Last modified: 21 Oct 2019QC 60424