28 Oct 2025
Super Guarantee + TBAR SG Q1 and TBAR Q1 due Quarterly Super Guarantee contributions and TBAR reports for July to September 2025 are due by 28 October 2025.
SMSF Compliance Calendar
2025-26 & 2026-27
Every deadline, every threshold, every obligation in one place. Here are the ONLY dates you need to diarise this year and next.
On this page
FY26 to FY27
Key changes from 1 July 2026
These are the practical changes that affect planning between FY2025-26 and FY2026-27. The detailed rules and trustee checklist remain further down the page. For the consolidated trustee reference covering contribution caps, the transfer balance cap, Payday Super, Division 296 and service closures, see What Changes for SMSFs on 1 July 2026.
Concessional cap $30,000 to $32,500
The indexed concessional contribution cap increases by $2,500 from 1 July 2026.
Non-concessional cap $120,000 to $130,000
The annual NCC cap increases, which also lifts the maximum three-year bring-forward amount.
Bring-forward maximum $360,000 to $390,000
Waiting until FY2026-27 may give eligible members access to a larger bring-forward amount.
Transfer Balance Cap $2,000,000 to $2,100,000
The general transfer balance cap increases from 1 July 2026.
Division 296 Starts 1 July 2026
The new additional tax on high super balances starts for FY2026-27.
Payday Super Starts 1 July 2026
Quarterly SG due dates are replaced by payday-linked contribution timing.
Due date overview
Key dates to watch
Use this as the at-a-glance calendar before reading the detailed sections below. Each date can be downloaded as its own calendar reminder.
31 Oct 2025
Annual return SMSF annual return self-lodgement Self-lodging SMSFs generally need to lodge the 2024-25 annual return by 31 October 2025.
25 Nov 2025
Annual return Annual return deadline for overdue prior-year funds Funds with one or more overdue prior-year returns generally have a 25 November 2025 deadline when lodging via a registered tax agent.
15 Jan 2026
Annual return Annual return deadline for ATO-flagged taxable funds Some taxable funds lodged through a registered tax agent have a 15 January 2026 deadline if flagged by the ATO based on the latest lodged year.
28 Jan 2026
Super Guarantee + TBAR SG Q2 and TBAR Q2 due Quarterly Super Guarantee contributions and TBAR reports for October to December 2025 are due by 28 January 2026.
28 Feb 2026
Annual return Annual return deadline for newly registered SMSFs Newly registered funds lodging via a registered tax agent generally have a 28 February 2026 annual return deadline.
31 Mar 2026
Annual return Annual return deadline for funds with total income over $2 million Funds with total income over $2 million in the latest lodged year generally have a 31 March 2026 annual return deadline.
31 Mar 2026
Audit Auditor appointment checkpoint for 15 May annual returns For a 15 May annual return, trustees should have the auditor appointed by late March because the auditor must be appointed at least 45 days before lodgement.
28 Apr 2026
Super Guarantee + TBAR SG Q3 and TBAR Q3 due Quarterly Super Guarantee contributions and TBAR reports for January to March 2026 are due by 28 April 2026.
15 May 2026
Annual return Standard SMSF annual return agent deadline Most registered tax agent clients use 15 May 2026 as the standard 2024-25 SMSF annual return deadline.
5 Jun 2026
Annual return Annual return deadline for eligible non-taxable or refund funds Eligible non-taxable or refund funds lodging via a registered tax agent may have a 5 June 2026 annual return deadline.
30 Jun 2026
Contributions + pensions FY2025-26 contribution and pension cut-off FY2025-26 contributions and minimum pension payments must be received or made by 30 June 2026.
1 Jul 2026
Payday Super Payday Super commences Payday Super starts from 1 July 2026, replacing quarterly Super Guarantee payment timing.
28 Jul 2026
Super Guarantee + TBAR SG Q4 and TBAR Q4 due Quarterly Super Guarantee contributions and TBAR reports for April to June 2026 are due by 28 July 2026.
FY2026-27 has fewer universal dates because Payday Super links SG timing to each employer payday, and the ATO has not yet published the registered agent lodgment program for FY2026-27 SMSF annual returns.
1 Jul 2026
Payday Super Payday Super in force Payday Super applies from the first day of FY2026-27. Employer SG is no longer managed against universal quarterly due dates.
28 Oct 2026
TBAR TBAR Q1 due Transfer balance account reports for July to September 2026 events are due by 28 October 2026.
28 Jan 2027
TBAR TBAR Q2 due Transfer balance account reports for October to December 2026 events are due by 28 January 2027.
28 Apr 2027
TBAR TBAR Q3 due Transfer balance account reports for January to March 2027 events are due by 28 April 2027.
30 Jun 2027
Contributions + pensions FY2026-27 contribution and pension cut-off FY2026-27 contributions and minimum pension payments must be received or made by 30 June 2027.
28 Jul 2027
TBAR TBAR Q4 due Transfer balance account reports for April to June 2027 events are due by 28 July 2027.
Dates not yet available:
- The ATO registered agent lodgment program for FY2026-27 SMSF annual returns is not yet published.
- Payday Super means SG is due against each employer pay event, so there are no universal quarterly SG due dates for FY2026-27.
Reference
Key Thresholds at a Glance
These are the headline numbers that govern what you can contribute, how much you can hold in retirement phase, and what the ATO expects to see. Changes from 1 July 2026 are highlighted.
| Threshold | FY2025-26 | FY2026-27 |
|---|---|---|
| Concessional contributions cap | $30,000 | $32,500 +$2,500 |
| Non-concessional contributions cap | $120,000 | $130,000 +$10,000 |
| NCC bring-forward maximum (3 years) | $360,000 | $390,000 +$30,000 |
| Transfer Balance Cap | $2,000,000 | $2,100,000 +$100,000 |
| Super Guarantee rate | 12% | 12% |
| Division 296 threshold | Not yet in effect | $3,000,000 New |
| Annual supervisory levy (existing fund) | $259 | $259 |
| TSB limit for NCC eligibility (prior 30 June) | Below $2,000,000 | Below $2,100,000 |
| TSB limit for carry-forward eligibility (prior 30 June) | Below $500,000 | Below $500,000 |
Source: Concessional cap increase to $32,500 confirmed via AWOTE December 2025 quarter
data (released 26 February 2026). Transfer Balance Cap increase to $2.1M confirmed by the ATO. Division 296
legislation passed both Houses of Parliament on 10 March 2026 and takes effect 1 July 2026. ATO contribution caps · Full contribution caps guide
Standing Reference
Minimum Pension Drawdown Rates
These rates apply for both FY2025-26 and FY2026-27. The COVID-era 50% reductions ended on 1 July 2023 and have not been reinstated. ATO minimum pension payments
| Age at 1 July | Minimum % |
|---|---|
| Under 65 | 4% |
| 65 to 74 | 5% |
| 75 to 79 | 6% |
| 80 to 84 | 7% |
| 85 to 89 | 9% |
| 90 to 94 | 11% |
| 95 or older | 14% |
TTR pensions: Same minimum of 4%. Maximum of 10% applies until you turn 65 or meet
another full condition of release.
New pension (started after 1 July): The minimum is pro-rated based on days remaining in
the financial year. No minimum applies if the pension starts on or after 1 June.
How it works: Your minimum is calculated on your pension account balance at 1 July,
multiplied by the percentage for your age on that date. If your age puts you in a new bracket during the
year, the higher rate applies from the following 1 July.
Current Financial Year
FY2025-26 Compliance Dates
What you must action between 1 July 2025 and 30 June 2026. Dates are for the 2024-25 annual return lodgement cycle unless stated otherwise.
Annual Return Lodgement
These dates are for lodging the 2024-25 SMSF Annual Return (SAR). Your date depends on your fund's circumstances and whether you use a registered tax agent. ATO SMSF annual return
| Due Date | Who It Applies To |
|---|---|
| 31 October 2025 | Self-lodging funds (trustees preparing their own return) |
| 25 November 2025 | Funds with one or more overdue prior-year returns (via tax agent) |
| 15 January 2026 | Taxable funds via registered tax agent (ATO-flagged) |
| 28 February 2026 | Newly registered funds via registered tax agent |
| 31 March 2026 | Funds with total income over $2M in the latest lodged year |
| 15 May 2026 | Standard deadline for most tax agent clients |
| 5 June 2026 | Eligible non-taxable or refund funds (via tax agent) |
Note on 15 January: This date applies specifically to funds the ATO has identified
as taxable based on the prior lodged year. Most funds use the 15 May standard agent date.
If you are unsure which date applies to your fund, confirm with your accountant before October.
Why it matters
Late lodgement can trigger failure-to-lodge penalties and, in serious cases, result in your fund's Super Fund Lookup status changing to "regulation details removed." That restricts your ability to receive rollovers and employer contributions until the return is lodged. The ATO supervisory levy of $259 is paid with this return, covering the following financial year.
Audit Requirements
- Your auditor must be appointed at least 45 days before your fund's annual return due date. For a 15 May return, that means engaging your auditor by late March at the latest.
- The auditor must provide the independent audit report (IAR) within 28 days of receiving all required documentation from you. You must provide any information they request within 14 days of a written request.
- You cannot lodge the annual return until the audit is complete. The return must include the auditor's details and their ASIC-issued SMSF Auditor Number (SAN).
Approved auditors are in high demand between March and May. Engage yours well before your return due
date, and have your financial statements and records organised and ready to provide.
Super Guarantee Quarterly Deadlines
Contributions must be received by the employee's super fund by the due date, not just sent. Allow at least 3 to 5 business days for bank clearing.
| Quarter | Period | Due Date |
|---|---|---|
| Q1 | 1 July to 30 September 2025 | 28 October 2025 |
| Q2 | 1 October to 31 December 2025 | 28 January 2026 |
| Q3 | 1 January to 31 March 2026 | 28 April 2026 |
| Q4 (final) | 1 April to 30 June 2026 | 28 July 2026 |
Q4 is the last quarter under the old system. From 1 July 2026, Payday Super replaces
the quarterly model. Super must be paid within 7 business days of each payday. See the FY2026-27 section
below.
TBAR (Transfer Balance Account Report)
All SMSFs must lodge TBAR quarterly, regardless of member balances. This has been required since 1 July 2023. ATO TBAR guidance
| Events occurring in | TBAR due by |
|---|---|
| July to September 2025 | 28 October 2025 |
| October to December 2025 | 28 January 2026 |
| January to March 2026 | 28 April 2026 |
| April to June 2026 | 28 July 2026 |
What to report: Commencing a pension, commuting a pension (fully or partially),
rolling back to accumulation phase, and receiving a reversionary pension. Investment gains, losses, and
regular pension payments do not affect the transfer balance account and do not require a TBAR.
Why it matters
Failure to lodge a TBAR on time can result in your member's transfer balance account being calculated incorrectly. If the ATO issues an excess transfer balance determination because of late reporting, the consequences can be costly and difficult to unwind. If a member has exceeded their cap, a voluntary commutation report may be required within 10 business days rather than 28 days.
Contributions Deadlines
- 30 June 2026All contributions for FY2025-26 must be received by the fund by this date. Allow 3 to 5 business days for bank clearing from the date of transfer.Concessional cap $30,000 | Non-concessional cap $120,000 | ATO caps | Contribution caps guide
- 30 June 2026Final opportunity to use any unused carry-forward concessional contributions from FY2020-21. These expire permanently on this date. There is no extension and no recovery.Applies only if your TSB was below $500,000 at 30 June 2025
- RollingNotice of Intent to Claim a Deduction for personal contributions. Must be lodged with your fund before you submit your personal tax return, or before you commence a pension, roll over, or wind up the fund. There is no fixed calendar date, but acting before 30 June each year is best practice.
Why it matters
Missing the 30 June cut-off means the contribution counts in the next financial year. That can push you over a cap you weren't expecting to breach, and it cannot be undone once the financial year has closed.
- 1 July 2025Calculate your minimum drawdown for FY2025-26. Use your pension account balance at 1 July 2025, multiplied by the percentage for your age at that date. See the drawdown rates table above, or use the SMSF Pension Planner to calculate it.
- 30 June 2026All minimum pension payments for FY2025-26 must be made in full by this date.If 30 June falls on a weekend or public holiday, the payment must clear the fund's bank account before that date, not on the following business day
The ATO does not grant extensions or grace periods for missed minimums. If the
minimum is not paid by 30 June, the ATO treats the pension as having ceased from 1 July 2025. All
earnings on assets supporting that pension for the full year become taxable at 15%. You would need to
restart the pension, consuming Transfer Balance Cap space again. On $500,000 in pension assets earning
7%, a missed minimum could cost around $5,250 in avoidable tax. Read the detailed trustee guide to
SMSF pension minimum drawdowns.
Annual Supervisory Levy
The annual supervisory levy is $259 for an existing fund and has been unchanged since FY2014-15. It is paid with the annual return lodgement and is fully tax deductible.
Paid in advance: The levy is collected one year ahead. The $259 you pay with your
FY2024-25 return covers FY2025-26. The levy paid with your FY2025-26 return will cover FY2026-27. Newly
registered funds pay $518 in their first year, covering both the current and following year.
Standing Obligation: No Fixed Deadline
Investment Strategy Review
Every SMSF is required to maintain a documented investment strategy. There is no ATO-mandated calendar date for this review, but it must be updated whenever a significant event occurs: a member retiring, a new asset class being considered, a member's circumstances changing materially, or market conditions shifting in a way that affects the fund's risk profile. Annual review, documented in trustee meeting minutes, is the accepted best practice. The ATO cites an outdated or non-existent investment strategy as one of the most common compliance breaches identified in SMSF audits.
FY2026-27 rule details
The summary above shows the headline FY2026-27 changes. This section explains the two transition issues that need extra planning before and after 1 July 2026.
Division 296 Tax: Commences 1 July 2026
Division 296 is a new personal tax on superannuation earnings for individuals whose Total Super Balance (TSB) exceeds $3 million. It applies an additional 15% tax on earnings attributable to the portion of your balance above $3 million. For balances above $10 million, an additional 10% applies, bringing the total Division 296 rate on that portion to 25%.
- The tax is personal, meaning the ATO bills you directly, not your fund. You can elect to pay it personally or have the amount released from your super.
- First assessments are issued after 30 June 2027. For the first year only (FY2026-27), the tax is calculated on your TSB at 30 June 2027 rather than the normal testing date.
- Both the $3 million and $10 million thresholds are indexed to CPI. The $3 million threshold increases in $150,000 increments.
- SMSFs can elect a cost base reset, which means capital gains built up before 1 July 2026 are excluded from future Division 296 calculations. The election must be lodged by the due date of the FY2026-27 annual return, but the analysis of which assets are affected and whether the election makes sense for your fund needs to happen before 30 June 2026, when the reset date is set.
Legislation status: The Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026 passed both Houses of Parliament on 10 March 2026. This is law.
Payday Super: Commences 1 July 2026
From 1 July 2026, employers must pay super guarantee contributions at the same time as salary and wages, with contributions received by the employee's fund within 7 business days of each pay event. The quarterly system that has been in place for decades is replaced entirely.
- A business paying staff fortnightly will process super contributions 26 times per year, rather than 4.
- The ATO will have real-time visibility of unpaid or late contributions from day one.
- A compliance concession applies during the first year (FY2026-27) for employers making genuine efforts to comply. Those who can demonstrate they are paying on time and correcting shortfalls quickly are treated as lower risk. Employers who are not complying will face immediate enforcement.
- Payroll systems and clearing house arrangements need to be updated before 1 July 2026.
30 June 2026 Decision Checklist
30 June 2026 closes several opportunities that will not come back. Tick items off as you work through them. Your progress is saved in your browser.
- Check your TSB at 30 June 2026 This determines your NCC eligibility (must be below $2.1M) and carry-forward eligibility (must be below $500k) for FY2026-27.
- Use any remaining 2020-21 carry-forward concessional cap amounts These expire permanently on 30 June 2026. There is no extension and no recovery of unused amounts after this date. Applies only if your TSB was below $500,000 at 30 June 2025
- Decide whether to trigger NCC bring-forward now or wait Triggering now locks you into the current $360,000 three-year limit. Waiting until July 2026 gives access to the higher $390,000 limit, provided your balance remains below $1.84M at 30 June 2026. If your balance is between $1.84M and $2.1M, a partial bring-forward may still be available in FY2026-27. This calculation is worth doing with your accountant before year-end. See full bring-forward thresholds and eligibility
- Analyse unrealised capital gains for Division 296 purposes The SMSF cost base reset election excludes capital gains built up before 1 July 2026 from future Division 296 calculations. The election itself is lodged with your FY2026-27 annual return, but understanding your fund's unrealised gains position and valuation evidence at 30 June 2026 is essential before making that call. If your TSB is above or approaching $3 million, review this with your accountant before year-end. Read the SMSF valuations update →
- Confirm minimum pension drawdowns have been met All minimum payments for FY2025-26 must clear the fund's bank account by 30 June 2026. Do not leave this to the last day of the month.
- Review and sign off the investment strategy for the year Document in trustee meeting minutes that the strategy has been reviewed, is current, and reflects the fund's risk and return objectives.
- Speak to your adviser or accountant before 30 June if you're unsure If you are uncertain about triggering bring-forward or the cost base reset, a conversation before year-end is worth it. Most of these decisions cannot be undone once 30 June passes.
Section 08
Common SMSF deadline questions
These answers cover the timing questions trustees and accountants usually need to check quickly.
When is the SMSF annual return due?
For the 2024-25 SMSF annual return, most registered tax agent clients use the standard 15 May 2026 deadline. Self-lodging funds are generally due by 31 October 2025, and some funds have earlier agent deadlines depending on their circumstances.
What is the minimum pension drawdown rate for someone aged 68?
The minimum pension drawdown rate for someone aged 68 at 1 July is 5% of their pension account balance at that date.
When are SMSF TBAR reports due in FY2025-26?
SMSF transfer balance account reports are due quarterly. For events in July to September 2025, October to December 2025, January to March 2026, and April to June 2026, the due dates are 28 October 2025, 28 January 2026, 28 April 2026, and 28 July 2026 respectively.
When are Super Guarantee contributions due in FY2025-26?
For FY2025-26, quarterly Super Guarantee contributions are due by 28 October 2025, 28 January 2026, 28 April 2026, and 28 July 2026. Contributions need to be received by the employee fund by the due date.
When do FY2025-26 SMSF contributions need to be received?
Contributions for FY2025-26 must be received by the SMSF by 30 June 2026 to count in that financial year. Trustees should allow bank and clearing house processing time rather than leaving transfers until the final day.
When does Division 296 start?
Division 296 starts on 1 July 2026. The first assessments are issued after 30 June 2027 and apply to individuals whose total super balance exceeds the legislated threshold.
When does Payday Super start?
Payday Super starts on 1 July 2026. From that date, employers must generally pay Super Guarantee contributions at the same time as salary and wages, with contributions received by the employee fund within 7 business days of payday.
What happens if I miss my SMSF pension minimum drawdown?
If the minimum pension payment is not made by 30 June, the ATO treats the pension as having ceased from 1 July of that financial year. All earnings on assets supporting that pension for the full year become taxable at 15%. You would need to restart the pension, consuming Transfer Balance Cap space again. The ATO does not grant extensions or grace periods.
How much is the SMSF annual supervisory levy?
The annual supervisory levy for an existing SMSF is $259 and has been unchanged since FY2014-15. It is paid with the annual return lodgement and is fully tax deductible. The levy is collected one year ahead, so the $259 paid with your FY2024-25 return covers FY2025-26. Newly registered funds pay $518 in their first year.
What dates are included in the calendar download?
The full calendar download includes the listed FY2025-26 annual return dates, quarterly SG and TBAR dates, the FY2025-26 and FY2026-27 year-end cut-offs, the 1 July 2026 Payday Super start date, and the listed FY2026-27 TBAR dates. Each individual date in the overview can also be downloaded separately.
Add SMSF dates to your calendar?
This creates a calendar file containing the dates below. You can review the list before adding it to Apple Calendar, Outlook, Google Calendar, or another calendar app.
- 28 Oct 2025 SG Q1 and TBAR Q1 due Quarterly Super Guarantee contributions and TBAR reports for July to September 2025 are due by 28 October 2025.
- 31 Oct 2025 SMSF annual return self-lodgement Self-lodging SMSFs generally need to lodge the 2024-25 annual return by 31 October 2025.
- 25 Nov 2025 Annual return deadline for overdue prior-year funds Funds with one or more overdue prior-year returns generally have a 25 November 2025 deadline when lodging via a registered tax agent.
- 15 Jan 2026 Annual return deadline for ATO-flagged taxable funds Some taxable funds lodged through a registered tax agent have a 15 January 2026 deadline if flagged by the ATO based on the latest lodged year.
- 28 Jan 2026 SG Q2 and TBAR Q2 due Quarterly Super Guarantee contributions and TBAR reports for October to December 2025 are due by 28 January 2026.
- 28 Feb 2026 Annual return deadline for newly registered SMSFs Newly registered funds lodging via a registered tax agent generally have a 28 February 2026 annual return deadline.
- 31 Mar 2026 Annual return deadline for funds with total income over $2 million Funds with total income over $2 million in the latest lodged year generally have a 31 March 2026 annual return deadline.
- 31 Mar 2026 Auditor appointment checkpoint for 15 May annual returns For a 15 May annual return, trustees should have the auditor appointed by late March because the auditor must be appointed at least 45 days before lodgement.
- 28 Apr 2026 SG Q3 and TBAR Q3 due Quarterly Super Guarantee contributions and TBAR reports for January to March 2026 are due by 28 April 2026.
- 15 May 2026 Standard SMSF annual return agent deadline Most registered tax agent clients use 15 May 2026 as the standard 2024-25 SMSF annual return deadline.
- 5 June 2026 Annual return deadline for eligible non-taxable or refund funds Eligible non-taxable or refund funds lodging via a registered tax agent may have a 5 June 2026 annual return deadline.
- 30 June 2026 FY2025-26 contribution and pension cut-off FY2025-26 contributions and minimum pension payments must be received or made by 30 June 2026.
- 1 July 2026 Payday Super commences Payday Super starts from 1 July 2026, replacing quarterly Super Guarantee payment timing.
- 28 July 2026 SG Q4 and TBAR Q4 due Quarterly Super Guarantee contributions and TBAR reports for April to June 2026 are due by 28 July 2026.
- 1 July 2026 Payday Super in force Payday Super applies from the first day of FY2026-27. Employer SG is no longer managed against universal quarterly due dates.
- 28 Oct 2026 TBAR Q1 due Transfer balance account reports for July to September 2026 events are due by 28 October 2026.
- 28 Jan 2027 TBAR Q2 due Transfer balance account reports for October to December 2026 events are due by 28 January 2027.
- 28 Apr 2027 TBAR Q3 due Transfer balance account reports for January to March 2027 events are due by 28 April 2027.
- 30 June 2027 FY2026-27 contribution and pension cut-off FY2026-27 contributions and minimum pension payments must be received or made by 30 June 2027.
- 28 July 2027 TBAR Q4 due Transfer balance account reports for April to June 2027 events are due by 28 July 2027.