Super and SMSFs: where are the goal posts?
Published Date: 9 Jul 2025
Superannuation and the rules that apply to self-managed superannuation funds (SMSFs) in particular seem to be a constantly moving target. The government continues to make changes to rules, and the ATO interpretation of those rules can also change. It can be difficult to know what the current rules and current focuses of the ATO in this area of tax law are. This article provides an overview of current superannuation and SMSF issues and the practical matters that should be considered by practitioners in 2025. The proposed introduction of Division 296 tax is foremost in practitioners minds at this time — the “elephant in the room”. The ATO regularly provides public information on what it is reviewing for SMSFs, at conferences or other speeches. This article focuses on the most commonly discussed issues: illegal early access; non-arm’s length income and non-arm’s length expenditure; asset valuations; and SMSF auditors.
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- Published By: Shirley Schaefer
- Published On:9 Jul 2025
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