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Division 296 Advocacy Update - SMSF Association

Summary by SMSF Association
Before diving into the details, let me just say up front - I’m not a lawyer. What follows is my take on the recent developments in the ATO’s approach to promoter penalties, particularly as they relate to superannuation illegal early release (IER) schemes.
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SMSF AssociationSMSF Association

Division 296 Advocacy Update - SMSF Association

Before diving into the details, let me just say up front - I’m not a lawyer. What follows is my take on the recent developments in the ATO’s approach to promoter penalties, particularly as they relate to superannuation illegal early release (IER) schemes.

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SMSF Association broke the news in on Wednesday, February 5, 2025.
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