Does an Audit Contravention Report need to be issued if no property insurance is in place despite the SMSF owning residential property which is leased or rented out?
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Hey @alauddin,
Possibly. It depends on the circumstances of the contravention. It would be best to have your tax professional review the circumstances and apply their professional judgement to determine if the contravention is reportable.
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Hey @alauddin,
Possibly. It depends on the circumstances of the contravention. It would be best to have your tax professional review the circumstances and apply their professional judgement to determine if the contravention is reportable.
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