ATO sets compliance relief on PAYG instalments for SMSFs
Due to the ongoing impacts of COVID-19, the ATO has extended its compliance support on PAYG instalment variations for SMSFs.
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Due to the ongoing impacts of COVID-19, the ATO has extended its compliance support on PAYG instalment variations for SMSFs.
The ATO has recently received a high volume of manual verification requests through the SMSF verification service (SVS) system which has caused a delay in processing these requests for the current SuperStream v3 rollovers.
When considering the transition of residential property and business property in an SMSF for acquisition purposes, there are several distinctions that need to be checked off to ensure it can satisfy ATO requirements.
ASIC has commenced civil penalty proceedings in the Federal Court against Diversa Trustees after it failed to provide adequate oversight over a banned financial adviser.
The pressures of current ASIC compliance requirements are more concerning for advisers than the FASEA exam and educational qualifications, according to new research.