ATO deputy commissioner James O’Halloran said the ATO continues to monitor schemes or arrangements designed to stream income into the super environment, particularly the retirement phase.
Read the full article at SMSF Adviser.
ATO swoop on high-balance SMSFs exposing Part IVA schemes
An ongoing compliance focus on the largest SMSFs has helped the ATO identify numerous income streaming arrangements, which have resulted in some funds losing their complying status.
