A call has been made for the ATO to play a more active role in the early release of superannuation benefits as a coronavirus financial relief measure.

SMSF members have been given details about how they can gain early release to their funds under the government’s coronavirus relief provisions, with the ATO urging caution for trustees.

Downsizer contributions made by SMSF members who are ineligible to make them could attract an ATO penalty, a technical expert has said.