The growth of SMSF

At a recent presentation by the Assistant Commissioner, Superannuation in Melbourne he made the following comments; “During the past four years the number of SMSFs has grown rapidly. As at the end of June 2013, there were just over an estimated 509,000 funds, an...

ATO warns directors on unpaid super

On 9 October 2013, the ATO sent letters to all company directors that have unpaid superannuation guarantees amounts. The correspondence explains the obligations of directors and their personal risk when it comes to superannuation guarantee debts. Most directors...