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ATO set to notify SMSF clients over ‘protecting your super’ changes

ATO set to notify SMSF clients over ‘protecting your super’ changes

SMSF clients with inactive retail or industry funds are set to be notified by the ATO when it starts consolidating accounts in the fourth quarter this year.

  • Shared by Accountants Daily
  • May 13, 2019
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Earlier this year, the government passed its Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018, which was aimed at reducing the erosion of superannuation balances and inappropriate insurance arrangements.

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