Blog

For over a decade, the SMSF industry’s interpretation of existing legislation was that assets could only be segregated to support an income stream where the trustees of a superannuation fund had elected to do so. Following the 2016 Super Reforms, the ATO revisited its interpretation of the legislation and took a contrary view to the prevailing practice in the industry.

As we head towards the 2018 income year deadline for SMSF tax returns on 15 May 2019, and into the time of year when you pull out all those complex SMSF cases left to last, we thought it an opportune time to highlight one of the key features of Accurium’s actuarial certificate system - how to do an amendment free of charge.