Strategic Partnership Between SMSF Association and ATO Announced
March 27, 2017
Effective from 15 February 2017, the SMSF Association and the Australian Taxation Office (ATO) will embark on a three-year strategic partnership to ensure effective regulation and integrity of the SMSF sector.
SMSF Association Managing Director/CEO Andrea Slattery has described the aim of the partnership as “to improve and maintain the integrity and professionalism of the SMSF sector and focus on enhancing industry knowledge and competency”.
The partnership hopes to provide high-quality education and information services, in particular to SMSF professionals and trustees. The Commissioner of Taxation, Chris Jordan, AO, claimed the partnership would in addition “... increase efficiency, minimise regulatory intervention and build professionalism within the sector”.