SMSF professionals should flag fees with clients for unexpected time costs that can arise with SuperStream rollovers to avoid losing money with these types of services, says Aquila Super.
Getting the finer details of related party leases right is critical with the ATO applying a stricter approach in relation to the sole purpose test and section 109.
Get insights from SMSF audit partner and SMSF expert, Chris Levy, for an ‘at the coal face’ overview of recent, significant changes to ATO and ASIC regulations and guidelines.
There are still many scenarios where SuperStream is causing major headaches for SMSF professionals, including failed transactions and money getting lost in the system.