ATO false non-compliance notices

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It has come to our attention that a system error within the ATO is causing the status of many SMSF’s to be changed to be “non-complying” on Superfund Lookup.

This as you can imagine, has caused a great deal of stress for the trustees of the effected super funds.  We have been in contact with the ATO regarding this matter.  They are aware of the system fault and are in the process of fixing it.

Any trustee who becomes aware that this has happened to their fund should have their tax agent call the ATO.  Once notified, the ATO will rectify the problem within 28 days.  If you have any concerns regarding this or any SMSF matter, please contact the expert team at Aquila Super and we will help.