Have you checked your portfolio today?

If you’re lodging your self-managed super fund annual return for the first time learn about your lodgment obligations.

If you have a new self-managed super fund (SMSF) you must lodge your SMSF annual return (SAR) by 31 October 2025.

Contact us as soon as possible if you need help preparing your SMSF annual return. This allows time to include you in our lodgment program, giving you until 28 February 2026 to lodge your first return.

However, some funds may still need to lodge by 31 October 2025, even with a tax agent so check your registration letter for details.

If your new fund had no assets in the first year it was registered you must either lodge a return not necessary form or cancel your SMSF registration if you no longer intend to operate the fund.

Remember each year, you must:

• prepare your fund’s accounts including valuing your funds’ assets
• appoint an approved SMSF auditor at least 45 days before your lodgment due date
• ensure the auditor has time to assess compliance and issue an independent report
• address any issues identified by the auditor
• lodge your annual return and pay any outstanding tax and the supervisory levy.

For new SMSFs, the supervisory levy is $518, covering both the setup year and the following financial year.

Stay compliant—act early and seek professional support if needed.

Learn more by visiting Your obligations as an SMSF trustee or Help and support for SMSFs.

You can also try these online education modules, which are interactive and enable you to build your knowledge.

Contact us if you have any questions.

Source: ato.gov.au July 2025
Reproduced with the permission of the Australian Tax Office. This article was originally published on https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf/smsf-newsroom/new-smsf-heres-what-you-need-to-do-by-31-october
Important:
This provides general information and hasn’t taken your circumstances into account. It’s important to consider your particular circumstances before deciding what’s right for you. Although the information is from sources considered reliable, we do not guarantee that it is accurate or complete. You should not rely upon it and should seek qualified advice before making any investment decision. Except where liability under any statute cannot be excluded, we do not accept any liability (whether under contract, tort or otherwise) for any resulting loss or damage of the reader or any other person.
Any information provided by the author detailed above is separate and external to our business and our Licensee. Neither our business nor our Licensee takes any responsibility for any action or any service provided by the author. Any links have been provided with permission for information purposes only and will take you to external websites, which are not connected to our company in any way. Note: Our company does not endorse and is not responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.