ATO to change fund status for late SMSF Annual Returns
The ATO has advised that from 1 October 2019, if an SMSF is more than two weeks overdue on any annual return lodgment due date and hasn’t requested a lodgment deferral, they will change their status on Super Fund Lookup (SFLU) to ‘Regulation details removed’. The Regulator is taking this approach because non-lodgment combined with…