Annual Compliance Reporting
We take care of the hard part, so you get the most out of your SMSF while remaining compliant
As trustee of a self-managed super fund, you get the honour of ensuring your fund complies with taxation and superannuation laws. In your role as trustee, you’ll need to ensure the following administrative obligations are met:
- SMSF Audit
Your SMSF needs to be audited each year by an independent auditor who will check the fund complies with superannuation law.
- Lodge SMSF Annual Return (SAR)
Once the audit is complete, the assets of the SMSF need to be evaluated so statements and the SAR can be prepared. The SAR can then be lodged.
- Document and lodge transfer balance account report (TBAR)
When a member of the SMSF commences a pension phase income stream, you will need to begin lodging a TBAR.
- Keep Records
There are a number of documents that must be correctly prepared and stored for several years for your SMSF to remain compliant.
The super industry is heavily regulated — and for good reason — but this can make the administration of an SMSF complicated, messy and time-consuming. The compliance documents required can be very convoluted, and it is strongly advised that members of the fund seek professional assistance with the administration side of the SMSF. This is where we come in!
We help you by preparing:
- Financial & Member Statements
- SMSF Annual Return
- Valuation of Assets, including administration of capital gain records
- Trustee minutes
- Transfer Balance Account (TBA) reporting
- Trustee company compliance documents
- Resolution documents
Our SMSF audit, accounting, and administration service takes care of everything you need regarding tax compliance, annual reporting and administration obligations. As trustee of an SMSF, you’re in complete control, but we’re here to offer our expert services and advice to ensure your SMSF financially thrives while maintaining compliance.
Taking Care of Your SMSF From Beginning to End
Working with us is easy, fast and cost-effective
SMSF Setup
Correctly and compliantly establish your SMSF ready to invest for your retirement
SMSF Investment Strategy
Expertly designed around risk, liquidity, diversification and cash flow requirements
SMSF Loans & LRBA
Increasing borrowing capacity and sourcing the best loans to fund your investments
Annual Compliance Reporting
Maintain compliance with our accountants preparing annual accounts, tax return and audit
SMSF Insurance
Protect yourself, your loved ones and your assets with a comprehensive insurance strategy
Retirement Planning
Put a plan in place to create the income you need to fund your lifestyle goals in retirement
Pensions & Withdrawals
Access your SMSF with tax-effective income streams and withdrawals after meeting a condition of release
Winding Up an SMSF
Correctly wind up your SMSF according to the trust deed and compliance regulators
