Rogue Self Managed Super Funds Get New Penalties From ATO!

New powers handed to ATO re SMSF trustees The ATO has recently been handed new powers to compel compliance by self-managed super fund trustees with their duties and obligations. These are in addition to existing powers and commence on 1 July 2014. New tools to deal with SMSF non-compliance Tax and Superannuation Laws Amendment (2014 Measures No.1) …

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