What happens if my SMSF breaches super laws?

If your SMSF does not comply with super laws, the Australian Tax Office (ATO) can take a number of actions to rectify your situation.

SMSFsGrace Mackay24 October 2014SMSFs, Super

It's time to review your investment strategy

Every Self Managed Super Fund (SMSF) must regularly plan and review its investment strategy to ensure compliance with the SIS Act, SIS regulation and ATO guidance.

SMSFsGrace Mackay9 May 2014SMSFs, Investment strategy

New ATO Penalty Regime - SMSFs must consider corporate trustees

New regulations have been put in place by the ATO to ensure that SMSF corporate trustees comply with their duties and obligations. These changes commence from 1 July 2014 and you can view a detailed summary of the changes here.