SMSF Australia: Ongoing accounting and audit

We can guide you through the SMSF setup process providing everything you need to get your Self Managed Super Fund established, all included in our fixed fee of $2,000+GST

(SuperGuide members receive a 10% discount!)

Our setup services include your:

• Registration of a Special Purpose Company to act as your corporate trustee (including the ASIC fee)
• Legal costs for the preparation of your SMSF Trust Deed and all necessary compliance documents, including any required certifications
• ATO registrations for your fund
• Assistance with rolling over existing superannuation from existing industry funds
• Provision of documents to help with your bank account setup
• Setting up your Electronic Service Address (ESA) so your fund can receive contributions
• Initial setup on Class Super to enable us to assist with your ongoing administration and reporting requirements
• Any initial accounting advice and support to help you get started confidently!

Accounting and Administration Services

Our SMSF Accounting Services include:

• Ongoing tailored support and advice.
• Regular reconciliation of bank accounts and investment transactions through data feeds integrated with the Class Super platform.
• Preparation of annual Financial Statements and SMSF Tax Returns.
• Maintenance of detailed investment records for accurate capital gains reporting.
• Preparation and lodgement of BAS, IAS, PAYG, and TBAR reports with the ATO.
• Ongoing maintenance of pension accounts and compliance requirements.
• Preparation of all minutes, declarations, and regulatory documentation.
• Compilation of audit files and coordination of the annual external audit process.

We’re fully equipped to assist with even the most complex SMSF matters and can provide clear, practical advice on how best to manage them.

Some of the more specialised areas we handle include:

• Reviewing and updating your SMSF Deed through our in-house SMSF lawyers to ensure it remains compliant with current legislation.
• Managing and resolving Limited Recourse Borrowing Arrangements (LRBAs).
• Assisting with SMSF wind-ups when it’s time to close the fund.
• Handling deceased estate wind-ups with a focus on achieving the most tax-effective outcomes.
• Processing changes to corporate trustees and fund members.
• Rectifying compliance breaches and helping you get your fund back on track.