As an SMSF trustee, staying on top of tax return deadlines is critical to avoid ATO penalties (up to $1,110 per late lodgment). For the 2023-2024 financial year, here are the key due dates you need to mark in your calendar—plus how SMSF Services by Aone can help you meet them stress-free.
Need help? Book a Free SMSF Tax Consultation with our experts.
SMSF Tax Return Due Dates 2023-2024
1. Annual SMSF Tax Return (Due: 15 May 2025)
- Who must lodge? All Existing/Registered SMSFs (even if no tax is payable).
- Deadline: 15 May 2025 (if your fund’s return is lodged by a tax agent).
- Late penalties: $222 per 28 days (max $1,110).
🔹 Pro Tip: If your SMSF has member pensions, ensure actuarial certificates are ready before lodging.
2. Member Contributions Statements (Due: 31 July 2025)
- Who must lodge? SMSFs with member contributions (concessional or non-concessional).
- Deadline: 31 July 2025 (via the ATO’s Member Contributions Statement).
- Why it matters: Ensures members claim correct tax deductions.Need help tracking contributions? Try our SMSF Administration Services
3. Transfer Balance Cap Report (Due: 28 Days After Event)
- Who must lodge? SMSFs with pension events (e.g., new retirement-phase pensions).
- Deadline: 28 days after the event (e.g., if a pension starts on 1 Sept 2024, report by 29 Sept 2024).
- Late penalties: $220 per member, per 28 days.
🔹 Key Events Requiring Reporting:
✓ Starting a new pension
✓ Commuting a pension
✓ Excess transfer balance events
4. PAYG Instalments (Quarterly Due Dates)
If your SMSF pays Pay As You Go (PAYG) instalments, mark these deadlines:
| Quarter | Period Covered | Due Date |
| Q1 | July – Sept 2024 | 28 Oct 2024 |
| Q2 | Oct – Dec 2024 | 28 Feb 2025 |
| Q3 | Jan – Mar 2025 | 28 Apr 2025 |
| Q4 | Apr – Jun 2025 | 28 July 2025 |
How to Avoid Missing Deadlines
1️⃣ Set Calendar Alerts for all due dates.
2️⃣ Use SMSF Accounting Software (e.g., Class Super, BGL) to auto-track deadlines.
3️⃣ Outsource to Experts – SMSF Outsourcing services by Aone handle lodgment, so you never miss a date.
📌 Case Study: A client avoided $1,332 in late fees by switching to our SMSF Tax Return Services.
Why Choose SMSF Outsourcing Services by Aone?
✔ 100% ATO Compliance Guarantee – No late penalties.
✔ Fixed-Fee Pricing – No hidden costs.
✔ End-to-End Support – From tax returns to audits.
Final Checklist for Trustees
✅ 15 May 2025 – Lodge annual SMSF tax return.
✅ 31 July 2025 – Submit Member Contributions Statement.
✅ 28 days after pension events – Transfer Balance Cap Report.
✅ Quarterly – PAYG instalments (if applicable).
