The ATO's New Push to get your SMSF Lodged
I genuinely think the ATO's new push to withhold #SMSF statuses on Superfund Lookup is making waves.
Just in last week alone I've encountered a number of SMSF trustees who have come forward to me about issues they're having because their employer has let them know that the contributions can't be made to their SMSF.
The number 1 reason is because they have outstanding tax returns.
The question is; WHY are they late?
Unfortunately, I've found if they're late - it's because the trustees have buried their heads in the sand over an issue they don't want to report to the ATO.
But that's no always the case and so I'm asking - has anyone else come across weird SMSF issues needing to be fixed?