If your fund had no assets in the first year it was registered, you won’t need to lodge a return for that year, instead you must ask the ATO to either:

• cancel the fund’s registration
• flag the SMSF's record as return not necessary (RNN) if the SMSF confirms in writing that
  • it had no assets and did not receive contributions or rollovers in the first financial year
  • it has evidence of the date it first held assets and started operating
  • it will be lodging future returns.