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 MOREATO pinpoints 70 advisers in lodgement swoop
The ATO will soon be contacting around 70 financial advisers whose clients have failed to lodge SMSF annual returns across multiple years.
SMSF Adviser previously reported the non-lodgement of SMSF annual returns had become a major concern for the ATO in the post reform environment with around 40,000 funds now at risk of being made non-complaint.
Read the full article on SMSF Adviser.
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