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16 Mar 10 Tax agent visits focus on SMSF income tax

The ATO advises that it is increasing its focus on tax agents and will launch a pilot program in 2009-10 involving field visits to review specific self-managed super fund (SMSF) annual income tax return issues.

In the past, the income tax compliance program has focussed on specific issues. This year, visits will ascertain the level of non-compliance of SMSF clients linked to particular tax agents, including:

  • accuracy
  • completeness
  • compliance with lodgment obligations.

For a copy of the advice, go here


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