All self-managed super funds (SMSFs) must report relevant transfer balance account (TBA) events using transfer balance account report (TBAR). All events must be reported regardless of the member's total superannuation balance.
TBAR's for the June quarter are due by 28 July. If no TBA event occurred during the quarter, no lodgment is required.
You should refer to event-based reporting for SMSFs and TBAR instructions when preparing your TBAR.
If your SMSF does not lodge a TBAR by the due date, it may result in compliance action and penalties and could also negatively impact the member’s transfer balance account.
The easiest way to lodge is through Online services for business. Your tax agent can also lodge on your behalf.
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