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SMSF Pension Exemptions will not be lost if ‘Honest Mistake’

The Australian Taxation Office has recently announced that it will not penalise Trustees of a Self Managed Super Fund who make a ‘honest mistake’ in relation to the underpayment to their minimum pension payment in a particular year.

Read the following article for a clearer understanding of the Australian Taxation Office’s position in this area.

http://www.superreview.com.au/news/smsf/nexia-barclay-judge-ato-pension-standards-win-smsf

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