Is your SMSF Compliant?
Do you operate a self managed super fund (SMSF)? Take care to comply with your obligations, as the ATO now has additional powers to deal with breaches of the Superannuation Industry (Supervision) Act 1993 (SIS Act) by SMSFs effective 1 July 2014. The new penalties will significantly increase the ATO’s ability to deal with non-compliance...