Saturday, July 30, 2011

SMSF 2011 TAX RETURN

VillageMall has received approval from the Australian Taxation Office for paper lodgement of the following 2011 forms and schedules:
  • 2011 SMSF Annual Return
  • 2011 Capital Gains Tax (CGT) Schedule
VillageMall has also received approval from the Australian Taxation Office for the electronic lodgement (ELS approval) of the following 2011 forms and schedules:
  • 2011 SMSF Annual Return (Form MS)
2011 TAX CHANGES
2011 SMSF Annual Return
Supervisory Levy
In the 2011-12 Federal Budget, the government announced an increase in supervisory levy from $150 to $180 from 1 July 2010. Section D, Label H has been updated to reflect this change.

Release Date
It is expected that subject to ATO ELS stability, 2011 SMSF tax returns can be processed from 1st September 2011.