ATO and AHPRA Collaborate to Prevent Superannuation Fund Abuse
The Australian Taxation Office (ATO) and the Australian Health Practitioner Regulation Agency (AHPRA) have issued new guidance to caution health practitioners against unnecessarily encouraging patients to access their superannuation funds.
This joint effort aims to stop health practitioners from devising complex methods to persuade patients to request access to superannuation for medical treatments, following a significant increase in requests for compassionate release of superannuation over the past two years.
The number of requests has doubled in the past two years.
This development comes after Australian Greens Senator Nick McKim raised questions about using superannuation funds for dental treatment during Senate estimates.
A joint media release from the ATO and AHPRA provides new guidance on the compassionate release of superannuation, warning health practitioners against abusive practices.
авторское резюме: ATO and AHPRA join forces to stop superannuation abuse.