The 2019 financial year has ended, and it is now time to start thinking about finalising fund accounts, audits and submitting the SMSF tax return. A part of this process will be determining if the fund has ECPI, and if so, how much. For an unsegregated fund this will require an actuarial certificate. This article will look at the certificate application process and some of the issues that we see when clients submit their application.
