An SMSF trustee who objected to an ATO determination about a breach of a trustee’s covenant found himself disqualified as a trustee.
SMSF administration
SISFA welcomes ATO’s position on SMSF reporting
The ATO’s final position on event-based reporting for SMSFs is both welcome and a reflection of the industry and regulator collaborating to achieve a sensible outcome.
The Dos and Don’ts of running an SMSF – How to deal with the ATO
To err is human and it is the ATO’s job to make sure trustees understand when they have done something wrong and why it happened. So while trustees may get nervous knowing the regulator is coming to knock on their door, here’s a list of ‘do’s and don’ts’ to help in dealing efficiently with the […]
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