Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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While the ATO may have reached a settled position on the treatment of member payments requested shortly before death, this is by no means the “final say” in the matter, says Accurium.
In a recent online article, actuarial firm and education provider Accurium explained that over the years, the ATO has adjusted its views on whether a payment will be treated as a superannuation member benefit or as a superannuation death benefit where a member dies after they have requested a benefit, but before the actual benefit payment by the superannuation fund.
Read more at SMSF Adviser