These include arrangements involving dividend washing, overseas seminars, home loan unit trusts and dividend stripping, Mr Bambrick said.

“We will also take a closer look at those SMSFs we think are taking undue advantage of the concessional rates of tax for complying super funds and entering aggressive tax planning arrangements,” he said.

In spite of these focus areas, Mr Bambrick said the ATO is aware that a majority of SMSFs are compliant.

“Each year we only receive auditor contravention reports for approximately two per cent of SMSFs, which tells us that almost all SMSFs are meeting their obligations,” Mr Bambrick said.

“Our aim is to keep working with trustees, auditors and other superannuation professionals to ensure easy access to the information they need, in the form they want it, and that the industry remains fair for everyone.”