Welcome to the February edition of Class FAQs.
Annual Return Lodgment
As we enter the SMSF tax lodgment period, this month we share with you a series of articles to assist with the year end processes and troubleshooting associated queries, as follows:
- How do I finalise a fund for a financial year?
- Period Update– details how to run a period update, with additional links to articles that will help you resolve error and warning messages.
- Actuarial Certificates– includes background on ECPI changes; how to request an Actuarial Certificate and troubleshooting.
- Lodgments– find out the key reason a lodged tax return may not be showing on the ATO Portal; how to resolve issues with multiple tax return submissions; missing member information in Section F.
- We've put together this detailed checklist to help you prepare for SuperStream Rollovers and Release Authorities (RA) that became compulsory from 1 October 2021.
- What to do when I receive an error: "Missing software subscription ID for the tax agent"
- How to correctly Initiate Rollover Out via SuperStream?
- What happens after I initiate Rollover Out?
- Other SuperStream help articles
Depreciation Worksheet - New Articles
- Overview of Depreciation – summarises the key concepts and has links to all the main depreciation pages
- Depreciation FAQ – answers some questions which were previously separate articles. This will be updated with addition questions and answers based on support tickets
- Rollover Depreciation Worksheets Between Years – this documents the process for depreciation rollover each year and when to do it manually
To view the FAQ newsletters from previous months, please click here.