Australian Government

High-risk SMSF areas being monitored by the ATO

Self-managed super funds are closely monitored by the ATO to ensure regulations are being met across all areas. It is the responsibility of SMSF trustees to comply with all related super and tax laws. The ATO is looking into a number of high-risk areas within SMSFs this year, specifically, limited recourse borrowing arrangements (LRBAs), transfer balance …

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