SMSF admin and compliance
All SMSFs must operate under a trust deed and the rules set out in the Superannuation Industry (Supervision) Act 1993. While trust deeds differ between funds and can be updated over time, the SIS Act sets the overarching legal obligations every trustee must follow.
This section covers the core administration and compliance requirements you need to understand, including:
- SMSF residency rules
- allowable SMSF structures and adding new members
- which expenses are deductible and how to manage fund costs
- trustee responsibilities under the sole purpose test
- dealing with non-compliance and ATO breach notices
- reporting, record-keeping and audit requirements
- managing STP, SuperStream, GST and annual return obligations
- navigating complex rules such as in-house assets and arm’s-length arrangements
Get independent expert guidance for your SMSF
Master SMSF specific strategies so you can capitalise on the unique opportunities available to SMSFs
Find out moreStart here to learn how to correctly administer your SMSF.
As a trustee you are legally responsible for the conduct of your SMSF. Stay on top of the rules with these guides.
Good record keeping is at the heart of SMSF compliance. Learn how to master it in these guides.
