LodgeiT

Question: I am doing the tax return for a new self managed super fund, as it's the first year, they should not have to pay the SIS levy but its showing ...

Question: I need to prepare NIL lodgement for SMSF Answer: Nil lodgments are only available for wound up funds Learn more from the ATO here.  If this is t...

The normal tax rate for a complying super fund is 15% on earnings. This rate applies to income earned by the super fund, including contributions, interest, ...

When preparing a tax return for a fully pensioned Superfund, Exempt Current Pension Income (ECPI) plays a key role. ECPI ensures that income used to support...

Go to page 1 (Superfund tab) and select Yes in the line item question "Is this the first required return for a newly registered SMSF?". After doin...

This guide explains the process for lodging a Nil SMSF Annual Return (SMSFAR) when your Self-Managed Super Fund (SMSF) has had no income or transactions, ex...

Illustration: Enter franking credits at label E1 in an SMSF return with no assessable income. The SMSF pays an exempt income pension and there is no assessa...

Prompt: CMN.ATO.SMSFAR.437129 - Borrowing for LRBA more than zero must be supplied.  Guidance:  The error is because, there is a value in item 15B Asset...