KS Audit Pty Ltd ,
P.O. Box 296, Camden NSW 2570.

Phone: +02 4655 7873
FAX: +02 4655 7874

Tag Archives: trustee penalty

ATO Penalty Regime

From 1 July, 2014 The ATO has greater power in dealing with trustees who break the law via their self-managed superannuation fund. The ATO can now apply administrative penalties to the trustees, specify a particular course of action to rectify a contravention or instruct the trustees to undergo training. Trustees must understand that any administrative fines...
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