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Peter Burgess

Be careful with property valuations this SMSF audit season

Property valuations are becoming more problematic and will attract the attention of the Tax Office.

It’s that time of the year.

Self-managed superannuation fund trustees that are using an accountant, and are not lodging for the first time, must lodge their 2022-23 annual return by May 15, and ensure an auditor has been appointed by no later than April 1. Time is running out.

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Peter Burgess is CEO of the SMSF Association.

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    Original URL: https://www.afr.com/wealth/personal-finance/be-careful-with-property-valuations-this-smsf-audit-season-20240320-p5fdsn