SuperGuide

Superannuation and retirement planning information

Common errors SMSF trustees make with their annual returns

Common errors SMSF trustees make with their annual returns

Each year, the Australian Taxation Office (ATO) puts together a list of the most common errors made by self-managed super fund (SMSF) trustees when compiling their annual returns.

This information is extremely valuable as it provides an insight into mistakes the regulator commonly sees and is on the lookout for. Avoiding these issues will help ensure your SMSF’s annual return (SAR) is processed without delay and hopefully with no added scrutiny.

About the author

Garth McNally

Garth has worked in the Australian Superannuation industry for over 20 years with a specific focus on self-managed super funds. He provides ongoing support and training to individuals as well as to professionals working in the superannuation area, including advisers, accountants and lawyers. He is a regular contributor to industry publications and to the leading professional bodies including Chartered Accountants Australia & New Zealand (CA ANZ).

Learn more about SMSF administration in the following guides:
Learn more about SMSF record keeping in the following guides:

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