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Views on the government’s proposal to extend the annual SMSF audit are largely mixed among SMSF professionals, according to a recent straw poll, with just over half of respondents opposing the measure.
A straw poll run by SMSF Adviser with 894 respondents has indicated that 505 or 56.5 per cent of SMSF practitioners oppose the government’s plans to extend the SMSF annual audit to three years for those trustees with good compliance history.
Read the full article at SMSF Adviser.