The latest from the regulator on TBAR

<p>ATO client engagement director<strong> </strong>Dalila Vellotti provides important clarity on the transition process to the newly streamlined TBAR framework.<br /> <br /> In this episode, Ms Vellotti explains what the move to quarterly based transfer balance account reporting (TBAR) will mean for SMSF professionals and their clients and offers some practical tips.<br /> <br /> She also outlines when unreported events from the 2022–23 income will need to be reported under the new framework where the SMSF is currently an annual reporter.<br /> <br /> She also sheds light on a couple of the common reporting errors that the ATO tends to see from SMSFs and how to avoid them. </p>