Speaking to SMSF Adviser, BDO national leader or superannuation Shirley Schaefer said valuations will be critical at 30 June this year as they will be measured against the $1.6 million cap.
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ATO set to scrutinise asset valuations
With asset valuations firmly on the ATO’s radar this year, one SMSF auditor has advised SMSF practitioners to take additional precautions to minimise potential regulatory backlash for their clients.
