Quantcast
au iconAU

 

 

ASIC levy to soar for new financial year

ASIC has released its cost recovery implementation statement for the 2020–21 financial year, revealing that the costs allocated by ASIC to the advice sector have increased by more than $16 million.

ASIC levy to soar for new financial year
smsfadviser logo
ASIC levy to soar for new financial year

ASIC has published its draft Cost Recovery Implementation Statement (CRIS) for 2020–21. The CRIS outlines ASIC’s estimated regulatory costs for 2020–21 and how these will be recovered as industry levies under the industry funding model.

Read more at SMSF Adviser.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox