SMSFs warned over ATO discretion on early access benefits
A technical expert has urged SMSFs to be cautious in managing early access benefits as the ATO’s discretionary approach makes it uncertain how it will view the fund’s circumstances.
In a recent technical update, SMSF Alliance principal David Busoli said that on occasion, SMSF members might face scenarios of illegally accessing preserved benefits.
Read more at SMSF Adviser
