ATO issues audit checklist for events-based reporting
Following the high level of re-reporting of events from the SMSF sector, the ATO has outlined some of the important items that SMSF auditors should check for where members were receiving a pension in the 2017–18 financial year.
Since the transfer balance cap reporting commenced for SMSFs, the ATO said it has seen a high level or re-reporting from the sector.
Read more at SMSF Adviser.
