Technical Summit 2020
Discover more about the COVID-19 SMSFs relief measures with a particular focus on the ATO’s relaxed compliance regime and associated SMSF technicalities and advice considerations.
This session will also provide a stocktake of measures which have now been enacted and those measures which have been announced but not yet enacted, as well as provide a brief look at SMSF legislative reform which could help drive an economic recovery.
At the end of the session, you will be able to:
- Explain the Government’s SMSF COVID-19 relief measures;
- Understand the ATO’s relaxed COVID-19 SMSF compliance approach and associated advice consideration;
- Understand the status of relevant ATO draft rulings and determinations, and;
- Identify which measures have now been enacted and those that haven’t.
The contents of this resource are taken to be correct at the time of publication.
Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association