Certain ATO material cannot be used in isolation to determine a superannuant’s particular course of action to address an issue, a recent Administrative Appeals Tribunal case has determined.

The ATO has informed SMSF trustees and tax agents that division 293 tax liabilities can be paid from superannuation monies.

ATO letters examining SMSF investment strategies should lead to advisers educating trustees on their responsibilities, an SMSF expert says.