Fact Sheet: Market Valuations
The ATO has turned its attention to market valuations after identifying 16,500 SMSFs with the same asset value for three consecutive years. As a result, the SMSF industry is now re-focusing its efforts on compliance with r8.02B.
Our handy fact sheet provides a comprehensive overview of the principles and methodologies used to assess the value of assets within an SMSF. It also details the requirements for complex assets such as business real property and unlisted entities.
Fill in your details to download ASF Audits Fact Sheet on Market Valuations.