SMSF auditors should “slavishly” follow the relevant ATO webpages and monitor changes in wording, says a legal specialist.
The ATO has now registered the Income Tax Assessment Amendment (Superannuation) Regulations 2024 with a commencement date of 6 July ...
SMFS auditors and trustees who received a letter from the ATO earlier in the year regarding its focus on asset ...
After more than 10 years, the ATO has finalised the updated tax ruling on pensions commencing and ceasing.
Whilst the focus was on end-of-financial-year matters, the ATO released the final updated version of its pension ruling TR 2013/5: ...
Related party transactions continue to be regularly caught up in ATO decision impact statements despite a longtime lack of variation ...
The ATO has issued guidelines on how to conduct Part A of the financial audit process for SMSFs, outlining what ...
The question of how non-arm’s length income can apply to an SMSF in receipt of fully franked dividends has been ...
The ATO has issued guidelines about how the new non-arm's length income (NALI) legislation may impact SMSFs.