2021 brought further changes to systems and processes with the introduction of director identification numbers for SMSFs with a corporate trustee, new SuperStream standards, and the ATO now consulting on a single TBAR reporting time frame for all SMSFs. There was plenty happening on the legislative front as well, with new measures announced for SMSFs and super in the budget. SMSF professionals also had to grapple with auditor independence changes, the indexation of the general transfer balance cap, and the impact of COVID.

Aaron and Miranda discuss where the SMSF industry is currently at in dealing with all these issues and any hurdles that professionals are still dealing with.

You’re out of free articles for this month

Log in Sign up

To continue reading the rest of this article, please log in.

Username or Email

Password Forgot password?

Keep me signed in on this device.

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

If you check the box above before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

---

or

---

Login with a Passkey

Comments (0)

Add New

Attach images by dragging & dropping or by selecting them.
The maximum file size for uploads is MB. Only files are allowed.

 

The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.

The maximum number of 3 allowed files to upload has been reached. If you want to upload more files you have to delete one of the existing uploaded files first.

Posting as

Displayed next to your comments.

Comments will undergo moderation before they get published.

Cancel Send