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Government looks to modernise SMSF record keeping

Government looks to modernise SMSF record keeping

As part of a consultation, the government is exploring whether certain restrictions under the SIS Act which prevent electronic signatures and records being retained in electronic form should be removed to ease the regulatory burden for SMSFs.

by Shared by AccountantsDaily | 3 Jan, 2021

The government this week released its consultation paper on modernising business communications, which is aimed at identifying what types of business communications would benefit from technology neutrality changes, particularly those that lower compliance costs.