The new financial year has started, so it’s time to collect and collate SMSF records. This can be a more ...
SMSFs should start preparing for a shift in the compliance environment, particularly around reporting and valuation of fund assets, a ...
Although the proposed Division 296 is a tax issue, SMSF auditors have to be diligent so they don’t get caught ...
One of the most common problems facing SMSF auditors in the lead-up to 30 June is evidence to support the ...
SMSF trustees should make themselves familiar with section 109 of the Superannuation Industry (Supervision) Act, a leading audit technical specialist ...
SMSF auditors must meet trustee declaration requirements to avoid compliance issues, the ATO has warned.
The ATO is continuing its focus on correct unlisted trust valuations and auditor behaviour, a technical specialist has warned.
An SMSF cannot lodge an amended tax return years after a discrepancy has been discovered, a leading adviser has warned.
Trustees should not assume that the ATO will automatically accept a valuation they’ve provided, a legal specialist has warned.