HomeSMSF NewsIncreased ATO Levy

Increased ATO Levy

In the 2011 Federal Budget, the Government announced an increase in the annual ATO levy from $150 to $180 per year, starting in the 2011 financial year.  SMSF Trustees will pay this supervisory levy when they lodge their 2011 SMSF Annual Return with the ATO.

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Diana Morris founded The SMSF Accountant in 2010. Diana is a member of both CPA Australia and Chartered Accountants Australia and New Zealand and an affiliate of The Tax Institute. She holds a current public practice certificate, and is a registered tax agent. Diana has completed a Bachelor of Commerce degree and a Graduate Diploma of Chartered Accounting.