National Audit Office says SMSFs need more interpretative assistance [84]
The Australian National Audit Office (ANAO) has released its Performance Audit Report No 40 2011-12 on ATO interpretative assistance for SMSFs. This assistance includes things such as SMSF public rulings, specific advice and written guidance, and SMSF publications. The ANAO made 2 recommendations concerning the ATO assessing the extent to which interpretative assistance products meet…