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SMSF practitioners falling behind on TBAR lodgements

SMSF practitioners in some cases are falling behind with the initial lodgement of TBARs for clients, with some still finishing the last batch of annual returns and others confused about the process, according to an SMSF auditor.

SMSF practitioners falling behind on TBAR lodgements
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SMSF practitioners falling behind on TBAR lodgements

Speaking to SMSF Adviser, TriSuper SMSF Auditors director Joel Curry said that the biggest compliance issues for the 2018 year so far have been around the treatment of retirement income streams and transfer balance account reports (TBARs).

Read the full article at SMSF Adviser.

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