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Notes Online Home 2022 Tax Schools Day 2 Other developments for business in the 2022 income year
ATO guidelines confirm tax burden for some accountants running their own SMSF
This section of the seminar notes we examine the rules set out for accountants running their own SMSF:
- Practical background to the NALI provisions
- Amendments to the NALI rules impose massive penalties on certain SMSFs
- How do the NALI measures apply to income of an SMSF?
- Recent ATO guidance confirms tax nightmare for many SMSFs being run by tax practitioners
- Common questions associated with the NALI rules applying to SMSFs being operated by tax practitioners
- Summary table highlights the do’s and don’ts associated with tax practitioners operating their fund