Correction: SMSF Supervisory Levy
THE VOICE team apologises for the error
Self-Managed Superannuation Funds will not face an increase in the Supervisory Levy.
In the September 2017 issue of THE VOICE it was reported that the annual Supervisory Levy paid by Self-Managed Superannuation Funds (SMSFs) would increase from $259 to $518. This increase only affects newly created SMSFs and only during the first financial year (or part thereof) of operation. THE VOICE team apologises for the error in reporting.