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ATO acts on transfer balance errors, gives tips to fix mistakes

With the ATO now issuing excess transfer balance determinations to SMSF members, it has outlined some of the situations where incorrect reporting may occur and provided steps for rectifying them.

ATO acts on transfer balance errors, gives tips to fix mistakes
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ATO acts on transfer balance errors, gives tips to fix mistakes

The ATO has begun issuing excess transfer balance (ETB) determinations to SMSF members based on information reported to them.

Read the full article at SMSF Adviser.

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