Concerns raised with SMSFs self-assessing for early release
With the ATO expressing concerns about fraudulent withdrawals being made by SMSFs under the early release of super scheme, an SMSF specialist has outlined some tips on what to do for clients in this situation.
In an online article, Heffron SMSF Solutions senior SMSF specialist Alex Denham said the ATO has long flagged concerns about illegal early release by SMSFs, the early release of super scheme presents some new risks for SMSF members in this area.
Read more at SMSF Adviser.
