SMSF COMPLIANCE BREACHES The ATO’s recent report has highlighted a few common breaches. This article will explore these breached in more detail to assist SMSF’s and Acquiring Assets from Family and Associates Let us first establish who a related party of an SMSF is?
SMSF Auditor Online Articles
If the recent news articles are anything to go by, property prices are on the decline. From Sydney to Melbourne, the property pundits suggest that the property prices are set to decline from between 15 – 40 per cent predicted for the next 2 years.
This article is designed to assist SMSF Auditors, Trustees and Accountants to understand the pension rules and the implication of reducing the minimum pension age to 67 years and what it means for the pension members and their accounts.
As an SMSF Auditor, I have seen many instances where the investment strategy is either out-of-date, and does not have the relevant and correct clauses in place.
The purpose of this page is to provide an open and transparent knowledge share about our SMSF Auditor’s views of what compliance rules need to be considered when conducting an SMSF Audit which has cryptocurrency in the Fund. This page is designed for both SMSF Auditors, and also active SMSF Trustees.