At autoSMSF, our team of specialised accountants is dedicated to simplifying the management of your Self-Managed Super Fund (SMSF) by providing comprehensive SMSF services, including a SMSF setup, ongoing accounting, tax compliance and audit coordination. We understand that managing a SMSF can feel complex and time-consuming, which is why we focus on guiding trustees through every stage with clarity and confidence.
We excel at navigating the ever-changing SMSF rules and regulatory requirements, ensuring your fund remains fully compliant at all times. As experienced SMSF tax specialists, we meticulously manage the preparation and lodgement of your SMSF tax return, paying close attention to every detail to minimise errors and reduce the risk of non-compliance. We also work closely with approved SMSF auditors to ensure the audit process runs smoothly and efficiently, helping maintain the overall health and integrity of your fund.
With autoSMSF, you gain a dependable long-term partner who understands SMSFs inside and out. We take the time to understand your circumstances and tailor our services to suit your specific needs, allowing you to focus on building your retirement savings with confidence, knowing your SMSF is in expert hands.
Our pricing is transparent and fixed, so you know exactly what you are paying from the outset, with no hidden or unexpected costs. Unlike many SMSF tax accountants, we do not impose additional charges for items such as actuarial certificates, pension commencement documentation or other routine SMSF services. These are included as part of our fixed fee, allowing trustees to manage their SMSF with confidence and without worrying about ongoing add-on fees.
SMSF Financials & Tax Returns
At autoSMSF your assigned SMSF tax accountant plays a vital role in managing your Self-Managed Super Fund, offering a yearly overview of its financial health. Regardless of tax liability, the fund must submit its annual return, encompassing assets, liabilities, income, expenses, contributions, and investments. These documents ensure compliance with superannuation laws and determine tax obligations. It’s crucial to entrust their preparation to a certified professional specialising in SMSF regulations. Accurate and compliant financials, meeting the ATO’s reporting standards, are essential for maintaining compliance and informed decision-making regarding the fund’s finances and investments.
SMSF Audit
SMSF audit is a crucial, legally required process for managing a Self-Managed Super Fund. It involves a thorough examination of financial statements, ensuring adherence to laws and accuracy of fund activities. Conducted by an independent auditor for impartiality, it reviews statements, income, expenses, assets, and compliance with regulations, including related-party transactions. The Audit Report provided afterward is crucial for assessing compliance. Non-compliance can lead to penalties and loss of tax concessions. For this reason, autoSMSF employs a qualified, independent auditor to fulfill audit obligations and maintain compliance.
SMSF Setup
Setting up an SMSF requires regulatory requirements, like appointing trustees, creating a trust deed, and setting up a bank account. There are two trustee structures: individual and corporate. The individual structure gives members direct control, but it can get complex with changes or emergencies. The corporate structure involves a company as trustee, offering more flexibility, legal protection, and separation of assets. The choice depends on personal circumstances, so seeking professional advice is crucial for a well-informed decision during setup. For more information, contact our office or check on ATO website.
Bare/Holding Trust Setup
A bare/holding trust is a legal arrangement that holds assets on behalf of an SMSF, commonly utilised for property investment through borrowing. It comes into play when the SMSF seeks to borrow funds from an external source for investment. This is commonly known as Limited Recourse Borrowing Arrangements (LRBA). This comprises a Corporate Trustee and a Bare Trust. The process involves choosing a corporate trustee, creating a trust deed delineating roles, and adhering to regulations. The bare trust cannot be set up until you’ve identified the property the SMSF intends to purchase. For more information, contact our office or check on the ATO website.
Our
Pricing
SMSF Setup
Setup a SMSF with individual or corporate trustee
$1,000 + GST = $1,100
Includes:

SMSF Establishment Deed

ASIC Registration

ABN Application

TFN Application

Other Related Documentation
Annual Accounting
Annual SMSF financials, Tax return and audit
$1,650 + GST = $1,815
Includes:

Financial Statements

SMSF Tax Return

Annual Audit

Annual Admin

ATO Representation
Bare Trust Setup
Bare trust with corporate trustee setup for property purchase
$1,200 + GST = $1,320
Includes:

Bare Trust Deed

ASIC Registration

Trustee Company Documents

SRO Registration*

Other Relevant Documents
