Contravention and Rectification Service - Price on Application

Whether an Auditor Contravention Report has already been filed, or you have ‘self detected’ a breach or contravention, our specialist team can help you with the next step.  Mistakes do happen and we can offer you support and guidance if an error has occurred with an SMSF transaction or some other compliance breach.

Once we receive a timeline of the transaction and what you think the issues are, we can either:

• prepare a letter of advice analysing the issue and whether action is required; and/or
• prepare documents and a letter of advice outlining how you can address the issue

We will also provide you with a letter to the ATO notifying of the breach and the course of action undertaken or to be undertaken.

The ATO has publicly confirmed that self detection by Trustees and self reporting will be favourably considered as part of the new Trustee penalty regime which came into operation on 1 July 2014.

Our specialist team can assess options and provide guidance on efficient action.

Please contact us to obtain an Instruction Form to set the ball rolling.