“As 28 February 2021 falls on a Sunday, you can lodge on 1 March 2021,” the ATO stated.

The ATO also reminded trustees that if their SAR is more than two weeks overdue and they haven’t contacted the ATO, the status of the SMSF will be changed on Super Fund Lookup to “regulation details removed”.

“This status will remain until any overdue lodgements are brought up to date,” the Tax Office said.

“If you have a status of ‘regulation details removed’, APRA funds will not be able to roll over member benefits and employers will not be able to make any super guarantee payments to the fund’s members.”

The ATO said it understands that the current economic environment due to COVID-19 may make keeping up to date with trustee obligations a challenge for some SMSF trustees.

“If you need help, we encourage you, your tax agent or your super professional to use the SMSF early engagement and voluntary disclosure service. We can work with you to get your affairs in order,” it said.

It also reminded trustees to report their ABN when they lodge their SAR.

“By including the ABN on the SAR, it allows our systems to match members correctly. This ensures the account details for the SMSF are displayed for the member when they access ATO online services,” it said.

This will allow the SMSF member to choose their SMSF account when they are completing forms online such as compassionate release of super, First Home Super Saver Scheme, excess concessional contribution election, excess non-concessional contribution election or a Division 293 election.

“It also means that the member’s SMSF account details are visible on online services for agents if your member uses a registered tax agent,” it said.