SUPERCentral Pty Ltd. The company's legal needs in superannuation, estate planning and financial services are exclusively provided by TOWNSENDS BUSINESS & CORPORATE LAWYERS. The leading edge SUPERCentral system was granted an Australian patent in 2008 and is monitored and protected.
SUPERCentral is Australia's leading online SMSF Deed Update Service specifically designed to assist Accountants, Financial Advisers and SMSF Administrators save time and money.
Back Issue Newsletters
Media
- Managing business succession - Professional Planner by Tony Negline
- Ethical super rules against sole purpose test - Investor Daily
- Bare trusts should use corporate trustees - Investor Daily
- Loans the lifeblood of self-managed funds - The Australian by Tony Negline
- Smart gearing will help cover your assets - The Australian by Tony Negline
- Clients forgiving towards advisers over losses - Money Management by Peter Townsend
- SMSFs vs. POFs - Super Living by Peter Townsend
- The Super Game - The Australian
- Retirees precious capital - Sydney Morning Herald
- Super pension in a financial downturn - SMSF by Michael Hallinan
New Process for New SMSFs
10/02/2010
Newly registered SMSFs will soon be identified on the Super Lookup website as “registered status not determined” rather than “complying”.
Once the first annual return for the SMSF is lodged and the ATO issues a notice of compliance for the SMSF, the status of the SMSF on the Super Lookup website will change from “registered status not determined” to “complying”.
Previously, newly registered SMSFs were identified on the Super Lookup website with the status “complying”.
The status of “registered” will also apply to all SMSFs which have not, to date, received a compliance notice (whether a notice of compliance or non-compliance).
If a newly registered SMSF receives a notice of non-compliance, the status of the SMSF on Super Lookup will be shown as “non-complying”.
A fund’s entry on the Super Lookup website will now take up to 7 days – to permit the ATO to try and identify sham SMSFs.
However, the issue of the ABN for the newly registered SMSF will still be issued in accordance with current turnaround times.