I have been approached by new client to bring their outstanding tax returns . Earlier records have been destroyed.. I am informed that. evidence is held covering receipt of two share dividends . Do i have to complete tax returns for all years?
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Hi Ian
Yes all returns need to be lodged.
The Fund will not get its regulated / complying status back until all returns are lodged.
If records have been destroyed you could raise this issue with the ATO.
Thanks
SMSF AAA