ATO ramps up SMSF auditor compliance activities
After previously suspending its auditor review programs due to the impact of COVID-19, the ATO has announced it will start undertaking auditor compliance reviews again from this month onwards.
In the wake of COVID-19 and the raft of stimulus measures implemented by the government back in March, the ATO signalled earlier this year that it would be adopting a flexible approach in the way it would be handling taxpayers’ affairs. This included suspending its usual SMSF auditor compliance reviews.
Read more at SMSF Adviser.
