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Notes Online Home 2020 Super Schools Day 1 Whats new for SMSFS
The ATO’s attack on the early release of super entitlements in light of COVID-19
This section of the seminar notes we look at the ATO’s attack on the early release of super entitlements in light of COVID-19. In more detail:
- Who is eligible to access their super under the NEW COVID-19 condition of release?
- The key features or mechanics of the NEW COVID-19 condition of release
- ATO data matching seeks to identify incorrect use of the NEW COVID-19 condition of release
- What is an SMSF auditor’s role in relation to the NEW COVID-19 condition of release?
- How else can financially strapped members access their super entitlements?
- ASIC relaxes the licensing rules for providing advice on the NEW COVID-19 release measure
