Sladen snippet – ATO’s focus – top 100 SMSFs to be reviewed

In a recent speech James O’Halloran, Deputy Commissioner, Superannuation, outlined the ATO’s current areas of focus in the SMSF sector. They include:

  • Compliance with the total super balance and transfer balance cap regimes

  • The use of reserves by SMSFs

  • The use of multiple SMSFs

  • Monitoring SMSF auditors

  • Using the SMSF registration process to review new SMSFs

  • Reviewing late lodging SMSFs

  • Reviewing the top 100 SMSFs by account balances

To discuss this further or for more information please contact:

Phil Broderick
Principal
Sladen Legal
T +61 3 9611 0163  l M +61 419 512 801   
Level 5, 707 Collins Street, Melbourne, 3008, Victoria, Australia
E: pbroderick@sladen.com.au           
 
Ashleigh Eynaud
Associate
Sladen Legal
T +61 3 9611 0129
Level 5, 707 Collins Street, Melbourne, 3008, Victoria, Australia  
E: aeynaud@sladen.com.au