New ATO Penalties mean more likely cash fines!

Government Postpones SuperStream Rollout

It's been one of those regulatory requirements that has been a low priority, if even understood by employer groups.  From 1 July this year, large employer groups (defined by having more than 20 employees) were due to start remitting employer superannuation contributions to SMSFs using the Government’s "SuperStream Data and Payment Standard".  It is all part of the Government’s Stronger Super... More Information ▶

Beware! The ATO’s eyes are open… and they’re on a mission!

Barbara was on a mission of her own, until the ATO slowed things down markedly for her.  She had decided to use part of her superannuation assets to invest in a Private Company opportunity, and so had engaged Greenlight to set up an SMSF. All was on target until she received notice that her brand new SMSF would be one... More Information ▶