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ATO reveals jump in contraventions reported for FY20
The number of contraventions reported in auditor contravention reports for the 2019–20 financial year jumped by 31 per cent from the previous year, according to recent ATO figures.
ATO director Kellie Grant stated that during the 2018-19 financial year, the ATO received auditor contravention reports (ACRs) reporting 27,925 contraventions for around 10,361 SMSFs.
Read more at SMSF Adviser.
