ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...READ MORE
A recent survey has revealed that less than half of SMSF professionals are prepared for the new events-based reporting regime, while only half understand the intent and requirements of the new reporting.
As part of its submission in response to the ATO’s consultation on events-based reporting, the SMSF Association recently undertook a survey of its members. The SMSF Association largely consists of financial planners and accountants who practice SMSF advice.