Last year, the ATO formally stated that SMSFs that are 100 per cent in pension, for any period of time, will be required to use the segregated method to claim ECPI.
Read the full article at SMSF Adviser.
ECPI miscalculations in ATO firing line, says top auditor
With the ATO set to start enforcing its prescribed method for calculating exempt current pension income, the regulator is likely to be monitoring ECPI more closely than usual this financial year, according to one prominent SMSF auditor.
