BGL announces release 2020 SMSF Annual Tax Return in Simple Fund 360

BGL is proud to announce the release of the 2020 SMSF Annual Tax Return in Simple Fund 360. This release also includes Stage 3 of the COVID-19 changes including integration with Smarter SMSF documents for temporary LRBA loan relief and temporary rental relief.

“I am super impressed with the Simple Fund 360 Team” said BGL’s Managing Director, Ron Lesh. “Throughout the lock-down, they have continued to release software updates to meet the needs of clients. And now to release the 2020 SMSF Annual Return earlier than we ever have before and a full 6 weeks before the end of the financial year, is just a fantastic achievement.”

Simple Fund 360 has now been updated to handle the legislative changes introduced as a result of COVID-19. This Stage 3 release will save BGL clients precious time. Clients can now generate both temporary LRBA loan relief and temporary rental relief documents as well as Early Release of Lump Sum documents through the Order Documents feature in Simple Fund 360 which uses the Smarter SMSF API.

“The early release of the 2020 SMSF Annual Tax Return ensures our clients are ready for Tax Time 2020 well ahead of schedule” added Lesh. “BGL has implemented industry leading technology and our real commitment to our SMSF clients, community and clients service, our Team is able to get software out the door and in the hands of clients faster than ever. Our clients can get ahead of time and start on their 2020 SMSF finalisation work earlier than ever before”

BGL also updated the contribution dashboards, transaction details, fact finds and accounting workpapers for 2020 tax time and has also added new daily Direct Bell Potter Equity Lever feeds.

For more information, click here.

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