Administration
Self-managed superfunds are small superfunds with four members or less. Our costs for administering SMSF and preparing the tax returns are :
| Opening fund balance | Cost for preparing tax return and financial reports |
| under $500,000 | $510 (excl GST) |
| $500,000 to $1,000,000 | $710 (excl GST) |
| $1,000,001 to $3,000,000 | $950 (excl GST) |
| more than $3,000,000 | $3,000 (excl GST) |
Administration services include data entry, calculation of notional tax, updating market values of investments and producing monthly reports.
There is no restriction to which bank you use or which stock broker you are with. Unlimited transactions, unlimited investments. You can have 5 shares or 50 different shares in your portfolio, be trading 5 times a year or 5 times a day. You can have artworks and collectables in your SMSF. The accounting fees are flat.
Funds with pension and accumulation accounts but unsegregated assets need an actuarial certificate. An acturial certificate costs an additional $110.00. For example fund balance under $500k, $400 + $110 = $510
These fees do not include audit fees. Audits are performed by an independent auditor selected by us or your own auditor.
Setup fees for new SMSF are described in detail under the FEES webpage. Click here.
