TATE TIP: Prior to the trustees of a superannuation fund - TopicsExpress



          

TATE TIP: Prior to the trustees of a superannuation fund undertaking any unusual or questionable transactions please contact your accountant, as there are new self managed superannuation fund (SMSF) rules from 1 July 2013, dealing with a funds non-compliance with the law, which include: • rectification of the breach and education directions for contraventions of the superannuation fund Law; and • an administrative penalty regime for SMSF trustees for certain contraventions of the SIS Act, starting from $850 to $10,200 for severe breaches
Posted on: Tue, 02 Jul 2013 09:10:01 +0000

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