Published on 25 Jul 06
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
The Australian Taxation Office (ATO) has a role in ensuring Self Managed Superannuation Funds (SMSFs) comply with the Superannuation Industry Supervision (SIS) Act and regulations. This presentation looks at the ATO’s compliance activities, including areas it is currently targeting and common problems which can arise from these audits. In particular the following are discussed:
- the ATO’s compliance program
- ATO focus areas
- common problem areas
- working with industry and professionals.
Current at 28 July 2006