Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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Around 28,000 applications for early release of super have been submitted by SMSF members so far, according to new ATO figures, which represents only a small proportion of the total individuals approved for early release of super.
According to ATO statistics provided to SMSF Adviser, at 7 July 2020, around 2.5 million individuals had been approved for early release of super across both the 2019–20 and 2020–21 financial years, with the total amount applied for around $28.1 billion.
Read more at SMSF Adviser.