by Shared by SMSF Adviser | Sep 5, 2018 | News
In a submission on the three-year audit measure, Super Sphere director Belinda Aisbett said it would be imprudent for government to rely on the information reported in the superannuation annual return (SAR) to establish eligibility for the three-year audit...
by Shared by SMSF Adviser | Sep 3, 2018 | News
KPMG finds a significant contributor to the efficiency of running and auditing an SMSF includes trustees producing information to support the annual audit requirements. The new regime, which would only mandate an audit once every three years for SMSFs with a sound...
by Shared by SMSF Adviser | Aug 31, 2018 | News
For the tax office, the SMSF sector has been largely compliant since its birth in the 1990s. However, there are new and ongoing areas marked for surveillance each financial year, which acting assistant commissioner Tara McLachlan ran through earlier this month.Read...
by Shared by SMSF Adviser | Aug 30, 2018 | News
The government first announced in the Federal Budget this year a measure to change SMSF audits to a three year cycle where the SMSF has good compliance history.Read the full article at SMSF Adviser.
by Shared by SMSF Adviser | Aug 29, 2018 | News
In the recent court case Cam & Bear Pty Ltd v McGoldrick heard by the NSW Court of Appeal, an SMSF auditor was found to be responsible for losses incurred by an SMSF trustee.Read the full article at SMSF Adviser.
