Administration / Compliance

Our administration and compliance services include the following:

  • Preparation of annual financial statements (or ad-hoc statements when requested)
  • Preparation of member statements detailing preservation components as well as tax free/taxable components.
  • Preparation and lodgement of the SMSF Annual Return.
  • Maintenance of minutes relating to trustee decisions.
  • Reviewing investment strategy to ensure that investment decision are made in accordance with the strategy.
  • Liaising with the ATO when required relating to income tax matters, lodgement obligations and any audit requests made by the ATO.
  • Maintenance of Capital Gains Tax (CGT) transactions including dates and amounts relating to asset acquisitions/disposals.
  • Recording and maintaining details relating to tax free and taxable components of member benefits via contributions or previous rollovers from other super funds/employers.
  • Ensuring minimum/maximum pension obligations have been met.
  • Responding to routine queries from trustees/members regarding any facet of the SMSF. Phone calls, E-mails or faxes are responded to promptly.
  • Ensuring the fund is conducted in accordance with its rules (trust deed).
  • Liaise with the fund Actuary (when required) regarding exempt pension income and various complying pensions.