About the campaign

Campaign Leader

  • BGL Corp
    3 supporters · Message

    BGL Corporate Solutions. BGL is Australia’s leading developer of SMSF administration and ASIC…Read More

166 Campaign Supporters

Why this matters

BGL Corp
BGL Corp Campaign leader

Latest media update 04-09-2017

SMSF industry warms to ATO ‘carve out’ for TBAR reporting

Staff Reporter
Feedback from a recent poll conducted by the SMSF Academy indicates there is a greater acceptance by the SMSF industry towards the ATO’s suggestion of quarterly reporting for the TBAR compared with its initial proposal. Last month the ATO released a position paper outlining two potential options for reporting time frames for transfer balance…Read More
BGL Corp
BGL Corp Campaign leader

The tax office has outlined the approach it will be taking to penalties associated with the new events-based reporting regime, and has now…Read More

ATO releases position paper, penalties approach

Katarina Taurian
The tax office has outlined the approach it will be taking to penalties associated with the new events-based reporting regime, and has now officially released a new position paper which explores different time frames for reporting. As the industry is now well aware, from 1 July 2018, SMSFs will be required to report those events which impact on…Read More
BGL Corp
BGL Corp Campaign leader

The tax office has addressed several points of confusion with the new events-based reporting regime, locked in key deadlines, and outlined…Read More

ATO locks in details, addresses panic on real-time reporting

Katarina Taurian
The tax office has addressed several points of confusion with the new events-based reporting regime, locked in key deadlines, and outlined what will be included in a new position paper set to be released shortly for the SMSF community.  From 1 July 2018, SMSFs will be required to report those events which impact on a member’s transfer balance…Read More
BGL Corp
BGL Corp Campaign leader

With events-based reporting set to generate huge amounts of data, concerns have been raised about whether the ATO’s systems will be able to…Read More

Industry questions ATO’s capacity for new reporting

Miranda Brownlee
With events-based reporting set to generate huge amounts of data, concerns have been raised about whether the ATO’s systems will be able to cope with the large volume of information. Speaking at a seminar, DBA Lawyers special counsel Rebecca James said there will be a huge amount of data going to the ATO once events-based reporting commences,…Read More
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