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Tax agents smash deadline despite last-minute scramble

The ATO revealed lodgement figures for SMSF annual returns were ahead of market expectations, after one of the busiest and most complex deadlines for high-net worth clients since the Howard and Costello era.

Tax agents smash deadline despite last-minute scramble
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Tax agents smash deadline despite last-minute scramble

ATO assistant commissioner Tara McLachlan said at 30 July this year, 90 per cent of SMSFs had lodged on time. This is a slight drop on the financial year before, when the rate was 93 per cent.

Read the full article at Accountants Daily.

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