Quantcast
au iconAU

 

 

Concerns raised with SMSFs self-assessing for early release

With the ATO expressing concerns about fraudulent withdrawals being made by SMSFs under the early release of super scheme, an SMSF specialist has outlined some tips on what to do for clients in this situation.

Concerns raised with SMSFs self-assessing for early release
smsfadviser logo
Concerns raised with SMSFs self-assessing for early release

In an online article, Heffron SMSF Solutions senior SMSF specialist Alex Denham said the ATO has long flagged concerns about illegal early release by SMSFs, the early release of super scheme presents some new risks for SMSF members in this area.

Read more at SMSF Adviser

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox