SMSF COMPLIANCE AND ONGOING MAINTENANCE

Maintaining ongoing compliance is a critical aspect of managing a Self-Managed Super Fund (SMSF), and one of the most significant concerns for trustees. This includes tasks such as record-keeping, reporting, taxation, and other administrative obligations. Managing these responsibilities can be time-consuming, stressful, and costly.

 

Fortunately, EliteCA Tax Advisory is here to simplify SMSF compliance, providing you with the tools and support needed to stay fully compliant with ease.

 

Once your SMSF is established, there are several ongoing compliance obligations that must be met. We can assist you throughout this process, helping you lodge necessary forms online and offering expert support as needed.

 

SMSF Compliance Obligations Include:

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- Preparation of annual balance sheet

- Preparation of annual profit and loss statement

- Preparation of annual member statements

- Preparation of annual trustee resolutions and minutes

- Preparation and lodgement of annual income tax return

- Preparation and lodgement of annual audit

 

Pricing

 

At EliteCA Tax Advisory, we provide clear and transparent pricing with no hidden costs, ensuring that managing your SMSF remains straightforward and stress-free. Our team in Sydney handles all compliance tasks directly—under our strict no-outsourcing policy—ensuring confidentiality, quality, and high standards throughout.

 

SMSF Setup Fees

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Corporate Trustee

$1,200 + GST (including ASIC fees)

Individual Trustee

$600 + GST

 

Ongoing SMSF Management Costs

$1,500* + GST, which includes the following services:

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• Monthly reconciliation of SMSF transactions

• Preparation and lodgement of SMSF financial statements and tax return

• Annual compliance and strategic reviews

• Support for accumulation accounts

• Support for pension accounts

• Optional annual review meeting

• Dedicated SMSF specialist account manager

• Personalized phone and email support

• Audit by an external independent approved SMSF auditor

 

Additional Fees

Please note that the above fee does not include the following services:

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• Audit by external independent approved SMSF Auditor

       $330 (GST inclusive)

• SMSF Pension Accounts Supported

       +$250 (GST inclusive)

• Actuarial Certificate

​       +$150 (GST inclusive)

• Real Property Borrowing Arrangement (related-party loan and bank loan)

​       Please contact us for further details.

• Set-up of LRBA Security/Bare Trust, LRBA Corporate Trustee

• LRBA Related Party Loan Agreement (compliant with PCG 2016/5)

 

Rest assured, with EliteCA Tax Advisory, you can confidently manage your SMSF while ensuring full compliance with the highest standards of service and support.