From www.pitcher.com.au: Fund managers must prioritize tax compliance and investor reporting as the 30 June deadline approaches, particularly in light of increased scrutiny from the ATO.

Key steps include setting a timetable for investor statements, finalizing distributions, and ensuring proper documentation to avoid unexpected tax liabilities.

Additionally, managers need to regularly review the fund’s status as a Managed Investment Trust or Attribution Managed Investment Trust to maintain compliance and avoid penalties.