The ATO has embarked upon a program of continuous improvement, honing their stated positions on multiple SMSF matters and clarifying what documentation they deem trustees must obtain and retain across a range of investments.
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.
