SMSF Association Submission The SMSF Association (SMSFA) welcomes the opportunity to make a submission on Treasury’s discussion paper “Three-yearly audit cycle for some self-managed superannuation funds”. We are pleased Treasury has undertaken an extensive consultation because the potential implications of the proposal are significant for the SMSF sector. The key points made in this submission…
July 25, 2018
SMSF Association Productivity Commission draft report submission
SMSF Association Submission The SMSF Association (SMSFA) welcomes the opportunity to make a submission to the Productivity Commission on its draft report on the efficiency and competitiveness of the superannuation system. While the Commission’s draft report has focused mainly on the APRA-regulated fund issues, the draft report evaluated a number of SMSF issues and made…
January 10, 2018
SMSF Association 2018-19 Federal Budget submission
SMSF Association Submission The SMSF Association has lodged its pre-budget submission for the 2018-19 Federal Budget with Treasury. This year our submission focuses primarily on improving the efficiency of the superannuation system. After the introduction of the significant legislative changes which came into effect on 1 July 2017, it is essential that superannuation fund members…
November 8, 2017
SMSF Association submission on the ATO’s Transfer Balance Cap & SMSF event based reporting framework
SMSF Association Submission The SMSF Association welcomes the opportunity to make a submission regarding the Australian Tax Office’s (ATO) Transfer Balance Cap and SMSF ‘Event-Based’ Reporting Position Paper. We endorse the ATO’s endeavour to allow for consultation and feedback in order to facilitate a practical approach to the implementation of the Transfer Balance Account Report…