Unlock SMSF Excellence: Transform Your Practice Through Outsourcing
SMSF Skills Under Review
The evolving regulatory environment is prompting professionals to reassess the specialized skills required for managing Self-Managed Super Funds (SMSFs). With increased scrutiny from the ATO, even tax agents handling only a few SMSF returns are encouraged to reexamine their expertise and ensure they remain current with compliance standards.
Rethinking Practitioner Expertise
Observations suggest that tax agents who deal with a limited number of SMSF accounts should consider whether their current skill set fully meets today’s rigorous expectations. Given that a significant majority of SMSFs rely on tax agents for annual returns, maintaining up-to-date expertise is not just preferable—it’s a necessity in an industry that prizes precision and compliance.
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