Mark holds the position of Executive Manager, SMSF Technical Services with SuperConcepts, providing technical and compliance support on SMSFs to financial advisers and accountants. He also ensures that SuperConcepts’ leading SMSF administration and compliance platform, SuperMate, is compliant with the latest superannuation and taxation rules. ...View more >
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The clock is ticking on changes to super with the $1.6 million transfer balance cap and CGT relief rules set to start on July 1. So what do you need to do before then?
If SMSFs are not SuperStream ready and don't have an electronic service address by the end of the year, the ATO has said it may take compliance action.