{"id":1156,"date":"2022-04-21T04:14:17","date_gmt":"2022-04-21T04:14:17","guid":{"rendered":"http:\/\/actinvest.com.au\/?p=1156"},"modified":"2022-04-21T04:14:18","modified_gmt":"2022-04-21T04:14:18","slug":"ato-upgrades-online-services-for-smsf-auditors","status":"publish","type":"post","link":"https:\/\/actinvest.com.au\/index.php\/ato-upgrades-online-services-for-smsf-auditors\/","title":{"rendered":"ATO upgrades Online services for SMSF auditors"},"content":{"rendered":"<p><strong><em>The ATO has made a number of enhancements to Online services for business to improve the process of lodging auditor contravention reports and audit complete advices.<\/em><\/strong><\/p>\n<p><img loading=\"lazy\" alt=\"\" height=\"267\" src=\"https:\/\/acctweb.com.au\/images\/fp-ATO.jpg\" width=\"475\" \/><\/p>\n<p>The Tax Office said these updates would provide auditors with the ability to enter and save auditor details so they can be selected and prepopulated when they lodge auditor contravention reports (ACRs) and audit complete advices (ACAs).<\/p>\n<p>There is also now clearer messaging on the confirmation of lodgment screen, with auditors now able to download both draft and lodged ACRs to their device.<\/p>\n<p>The updates also include larger text boxes in the ACR forms with increased character limits and the ability to save up to 150 draft ACR forms and keep them for up to six months.<\/p>\n<p>The enhancements also include the removal of the prepopulation of the current year in both the ACR and ACA forms and the option to choose to provide consent under the whistleblower laws, and provides clear steps where auditors choose not to provide it.<\/p>\n<p>\u201cWith the decommissioning of the electronic superannuation audit tool (eSAT) on 1 March 2022, Online services for business is now the digital channel auditors need to use to lodge their ACR and ACA forms,\u201d the ATO reminded auditors.<\/p>\n<p>The ATO also reminded auditors that once they\u2019ve lodged an ACR or ACA in Online services for business, under the ATO\u2019s tax secrecy laws, they become protection information of the SMSF.<\/p>\n<p>\u201cWe can only disclose an SMSF\u2019s tax information to its trustees and \u2018covered entities\u2019. Unlike tax agents, auditors aren\u2019t considered \u2018covered entities\u2019 under tax law,\u201d the ATO said.<\/p>\n<p>\u201cCurrently there are no disclosure exceptions in the tax law unless specific conditions are met. For example, if we\u2019re looking to take compliance action against a fund and need to verify some of the content on the ACR, we can disclose the record to the auditor for the purpose of carrying out our duties as regulator.\u201d<\/p>\n<p>Auditors can still access and print any historical records held on eSAT, the Tax Office said.<\/p>\n<p>\u201cOnce you have lodged an ACR form using Online services for business, you will be reminded to download and save a copy for your own record keeping purposes,\u201d it stated.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Miranda Brownlee<\/p>\n<p>25 March 2022<\/p>\n<p>smsfadviser.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><em>The ATO has made a number of enhancements to Online services for business to improve the process of lodging auditor contravention reports and audit complete advices.<\/em><\/strong><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts\/1156"}],"collection":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=1156"}],"version-history":[{"count":1,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts\/1156\/revisions"}],"predecessor-version":[{"id":1157,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts\/1156\/revisions\/1157"}],"wp:attachment":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=1156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=1156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=1156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}