News

Webinar series: COVID-19 in discussions with the ATO

April 2020

In this 3-part webinar series, Peter Hogan, Head of Technical, SMSF Association speaks with Steven Keating, Director, SMSF Client Experience – SMSF Segment, from the Australian Taxation Office on the ways the ATO is supporting SMSF trustees during the COVID-19 pandemic, and important measures to be aware of. 

These important measures include:

  • Temporary early access to super
  • Changes to pension drawdowns
  • Ongoing trustee responsibilities

Presented by:

Peter Hogan
Head of Technical,
SMSF Association

Steven Keating
Director, SMSF Client Experience – SMSF Segment,
Australian Taxation Office

Part 1 - Temporary early access to super

In the first part of the series, the ATO explains the details surrounding temporary early access to super, the self-assessment process and the importance of retaining evidence of eligibility.

Part 1 also:

  • Outlines in detail the penalties that can be imposed for false or misleading statements
  • Confirms the concerns of illegal early access to super
  • Walks through the MyGov application process and important details surrounding it.

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