Changes in the 2014 SMSF Annual Return

SMSF & Superannuation 2013 2014 financial yearThe ATO has published the 2014 versions of the SMSF Annual Return and instructions, which include the following changes from the 2013 returns:

First required SMSF Annual Return?

Consistent with the  ATOs announcement that “this year, we are focussing on newly registered SMSFs, encouraging on-time lodgment of their first return” the following has been added to the front page of the SMSF Annual Return 2014:

B: “Is this the first required return for a newly registered SMSF”