All SMSFs must report relevant transfer balance account (‘TBA’) events using transfer balance account reporting (‘TBAR’). All events must be reported regardless of the member’s total superannuation balance.
Editor: TBA events include starting or commuting a retirement phase pension.
TBARs for the June quarter are due by 28 July 2025. If no TBA event occurred during the quarter, no lodgment is required.
If an SMSF does not lodge a TBAR by the due date, it may result in compliance action and penalties and could also negatively impact a member’s TBA.
