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HandiTax - Error CMN.ATO.SMSFAR.436350

Updated over a month ago

CMN.ATO.SMSFAR.436350

‘Was the fund wound up during the income year’ = FALSE and 'Fund Benefit Structure' does not equal D (defined benefit fund) and ‘Total member closing account balances is equal to 0.

A self managed superannuation fund is a trust and it must have assets set aside for the benefit of its members. If there are no assets set aside for members in this fund the error will appear.

Please contact the ATO for further information regarding this error.

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