New Reporting Arrangements For SMSFs From 1 July 2023
Reporting arrangement for SMSF From 1 July 2023, trustees and directors of SMSFs must report certain events that affect their member’s transfer balance account quarterly. These events must be reported by lodging a ‘transfer balance account report’ (TBAR) no later than 28 days after the end of the quarter in which they occur. The purpose […]
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