Super, the ATO and you

What role does the ATO play in relation to super? Discover what responsibilities the ATO has for your super life cycle and link these responsibilities to both individual and business super.

The Australian Taxation Office (ATO) has many responsibilities throughout the various stages of the superannuation life cycle. These responsibilities include overseeing and supporting individuals and businesses.

Super, the ATO and you
Type: Theory
Questions: 7
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
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  • Fact 3

    'Taxes, after all, are dues that we pay for the privileges of membership in an organised society'. Franklin D Roosevelt

Limited liability

The limit placed on the responsibility of shareholders to pay for the debts of a company. Sole trader and partnership arrangements do not offer the business owner limited liability.

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