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Audit firm reports 'tsunami' of CGT errors

The application of the capital gains tax (CGT) transitional rules has been “chaotic” according to one audit firm, with over half of all affected 2016/17 returns containing errors.

Audit firm reports 'tsunami' of CGT errors
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  • Shared by SMSF Adviser
  • September 25, 2017
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Hayes Knight director of superannuation services Ray Itaoui said the recent superannuation reforms have been the “catalyst for a tsunami of SMSF accounting errors”.

 Read the full article on SMSF Adviser.
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