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ATO Extends Due Date for 2016/17 SMSF Returns

The ATO will extend the due date for lodgment of self-managed superannuation fund (SMSF) annual returns for 2016/17 to 30 June 2018. Deputy Commissioner James O’Halloran said “We recognise there are some major new considerations and decisions for SMSFs and…

ATO Warning Regarding Small Business Record-Keeping

According to the ATO, of all of the things that can cause small businesses to fold, “high on that list is poor record keeping”. More than half of the businesses they visited in their Protecting honest business campaign needed to…