We have recently released a PS LA that details our approach to SMSF contraventions. Remember to use our voluntary disclosure service if a contravention occurs.
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Author: Australian Taxation Office
Auditors must ensure there is sufficient appropriate evidence to support the market value of real property in the fund’s financial statements and verify compliance with regulation 8.02B.
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Author: Australian
Latest updates and current status of the Small Business Superannuation Clearing House (SBSCH). Find out about known system issues and corrections.
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Author: Australian Taxation Office
Read the highlights from our June 2020 quarterly statistical report on self-managed super funds (SMSFs).
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Author: Australian Taxation Office
This article provides clarification to superannuation providers regarding their obligations when reporting death benefit rollovers.
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Author: Australian Taxation Office
In early September 2020 we commenced the SAN misuse mailout for the 2019 income year. This has now been completed.
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Author: Australian Taxation Office
Changes have been implemented as per the Data and Payment Standards PRNs within a 12-month period in different USM data messages.
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Author: Australian Taxation Office