If your self-managed super fund (SMSF) had assets, such as super contributions or other investments as of 30 June 2024, then you may need to lodge a SMSF annual return (SAR) for the 2023–24 financial year.
Your lodgment due date will depend on your circumstances. If your SMSF is new and are preparing the SAR yourself, or have previously lodged a SAR late, your due date is 31 October 2024.
When preparing your SAR you should refer to the 2024 SAR instructions on our website.
If you need help with lodging your SAR, you should contact a registered tax professional as soon as possible. This will give them time to add you to their lodgment program before 31 October 2024 and they will then inform you of your due date.
If you have engaged a new tax agent you'll also need to update your records, confirming they are the authorised representative for your fund. This will make sure your authorised tax professional has access to your information.
In some instances, you may still have to lodge by 31 October 2024, even if you appoint a tax professional.
If your fund does not have any assets, you need to either make a return not necessary request or cancel your fund's registration if you no longer wish to have a SMSF.
Failing to lodge your SAR on time can result in the compliance status of your SMSF on Super Fund Lookup being changed to 'regulation details removed; which may result in rollovers and employer contributions not being made to the fund.
Looking for the latest news for SMSFs? You can stay up to date by visiting our SMSF newsroom and subscribingExternal Link to our monthly SMSF newsletter.