bigdog
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TRANSFER BALANCE ACCOUNT REPORT (TBAR) EFFECTIVE JULY 1 2018
On Friday I was advised of new TBAR reporting requirements for SMSF in pension phase
-- the pollies make things hard!!
There is a 46 slide presentation link below
https://www.ato.gov.au/uploadedFiles/Content/SPR/downloads/webinar_slides_tbar_form.pdf
Transfer balance account report (TBAR)
The TBAR has been developed to capture the information income stream
providers need to provide to the ATO
All superannuation providers paying a superannuation income stream to an
individual will need to complete and lodge this form
There will be three lodgment channels available: Bulk data exchange/transfer
via the business portal (BDE), Onlinelodgment (available from January 2018)
and Paper form
Any provider can use any channel, however BDE is likely to best suit larger
providers.
The TBAR has two purposes:
1. Reporting transfer balance cap events
2. Reporting information for a member’s total super balance.
My accountant's letter provided following summary
My accountant's letter provided following reporting frequency
THE 12 PAGE REPORT TO BE COMPLETED IS AVAILABLE HERE
https://www.ato.gov.au/assets/0/104/2244/2335/655ac858-1a37-40ec-ba55-fe33bd2acecc.pdf
Page 1 begins

On Friday I was advised of new TBAR reporting requirements for SMSF in pension phase
-- the pollies make things hard!!
There is a 46 slide presentation link below
https://www.ato.gov.au/uploadedFiles/Content/SPR/downloads/webinar_slides_tbar_form.pdf
Transfer balance account report (TBAR)
The TBAR has been developed to capture the information income stream
providers need to provide to the ATO
All superannuation providers paying a superannuation income stream to an
individual will need to complete and lodge this form
There will be three lodgment channels available: Bulk data exchange/transfer
via the business portal (BDE), Onlinelodgment (available from January 2018)
and Paper form
Any provider can use any channel, however BDE is likely to best suit larger
providers.
The TBAR has two purposes:
1. Reporting transfer balance cap events
2. Reporting information for a member’s total super balance.
My accountant's letter provided following summary

My accountant's letter provided following reporting frequency


THE 12 PAGE REPORT TO BE COMPLETED IS AVAILABLE HERE
https://www.ato.gov.au/assets/0/104/2244/2335/655ac858-1a37-40ec-ba55-fe33bd2acecc.pdf
Page 1 begins

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