SMSF Setup Documents and 1st Annual Administration $1,645

SuperEasy® offers a Fixed Fee of $1,645 (GST incl.) for the SMSF Setup Documents and 1st Annual Administration, based on the 15 different Australian investments in the fund*. The fixed price is irrespective of the value of the fund and includes preparation of the accounts, audit CLICK HERE for the terms of audit, tax return and lodgment with the ATO. The service includes and combines all of the features of the separate SMSF "Setup" and "Annual Administration" products.

SuperEasy® rewards its clients who choose to pay for the Establishment and 1st Annual Administration of their SMSF as a combined service for a fee of $1,645, with an up front saving of $195, off the combined cost for the setup and administration when they are purchased separately! There are number of benefits from taking the opportunity to buy the setup and administration of the fund as a packaged deal, apart from the money saving: it allows you to relax, because once you have purchased the product, we will remind you when the administration process needs to start, and also it allows us to plan for our busy season when we start processing the funds.

Before embarking on an SMSF you should also visit the ATO web site https://www.ato.gov.au/Super/ as the ATO regulates SMSFs and provides useful information about the obligations and duties of trustees in managing an SMSF. You need to know that managing your own superannuation is a major commitment that can be expensive and involve significant time and effort. SMSFs are not for everyone. You should consider your personal circumstances carefully before deciding to establish an SMSF.

To find out more about SMSF types or if you are ready to appoint SuperEasy® for your service provider for the SMSF Setup and 1st Annual Administration, please click start application button:

If your DIY super fund exceeds 15 Australian investments as per our fixed quote (CLICK HERE for the definition of investments and fee schedule), where you can find out precisely if there is going to be any additional cost. If this happens to be the case, SuperEasy® will invoice any additional fee when the documentation of your fund is processed, and the total number of investments can be checked.

At the end of the financial year, during the first week of July, we send to all our clients who prepaid for the annual administration an email with instructions how to go about sending the required documents for the annual administration. We also recommend that you subscribe to our free newsletter SuperMail, where we offer tips on how to prepare for the annual admin and also, we remind the trustees about their duty to get the SMSF tax return done.

With the purchase of the setup and 1st Annual Administration of the Self Managed Superannuation Fund, SuperEasy® provides all the documentation necessary for the establishment of the complying fund, according to the legislative requirements.

Fund Establishment includes following documents:

• Trust Deed - electronic and paper copy (CLICK HERE to see the Trust Deed's major clauses......),
• Check List - the check list contains all steps involved in establishing a new Self Managed Superannuation Fund,
• The ATO form "Application for ABN registration for superannuation entities". Please note, once the form is lodged and processed by the ATO, a Tax File Number (TFN) and the Australian Business Number (ABN) and Notice to relevant authority to become a Regulated Superannuation Fund are issued for the fund,
• The ATO instructions "ABN registration for superannuation entities",
• Alternatively, the link to the ABR website for filling out the Application to register your fund for ABN and TFN on line,
• The ATO booklet "Role and responsibilities of trustees",
• The ATO "SMSF Key Messages for Trustees",
• The ATO "Trustee Declaration",
• Product Disclosure Statement (PDS) (this document is supplied on request),
• Generic Investment Strategy legislative requirements,
• Binding Death Benefit Beneficiary Nomination Fact Sheet,
• Sample Binding Death Benefit Beneficiary Nomination Form,
• Tax Invoice Statement confirming your payment details.

Please note: We don't charge for any of the documents published by the Australian Taxation Office. ATO documents are provided free of charge by the ATO. Fund Establishment with SuperEasy® does not include: registration of ABN and TFN for the fund, rollovers or opening of SMSF related accounts. You should speak to a licensed financial advisor before proceeding with any investment including the suitability of a SMSF!

SMSF Annual Administration includes: Financial Statements (see the list of Statements below), Audit, Tax Return and Lodgement with the ATO:

• Operating Statement,
• Statement of Financial Position,
• Notes to Accounts,
• Members Statements,
• Audit Report,
• Electronic Service Address (ESA),
• Fund Income Tax and Regulatory Return.

In order to obtain the Fixed Quote for your SMSF Annual Administration, including Audit and Tax Return, each SMSF must meet the following criteria:

• Complying Investment Strategy,
• Complying Investments,
• Complying Trust Deed,
• Have a Tax File Number (TFN),
• Have an Australian Business Number (ABN),
• Personal Tax File numbers of Members are supplied,
• The actual number of investments in the portfolio agrees with the quoted number of investments.

SuperEasy® bases its fixed fee entirely on the information provided by the client at the time of sign up. If your DIY super fund exceeds the number of 15 Australian investments as per our Fixed Fee (CLICK HERE for the definition of investments and fee schedule). If this happens to be the case, SuperEasy® will invoice any additional fee when the processing of your SMSF is finished, and the total number of investments can be checked.

The fixed fee quote DOES NOT include:

• Annual PAYG form completion, lodgment or calculations (SMSF must use their own or accountant's address for BAS/IAS/PAYG correspondence from the ATO),
• Actuarial Certificate (price quoted upon request),
• Pension setup (price quoted upon request),
• Supervisory Levy payable to the ATO,
• Accounting advice related to taxation or superannuation issues (price quoted upon request),
• Preparation of Rollover documentation (members departing fund or closure of the fund) - $220 (GST incl.),
• Audit Contravention Report (ACR) additional charge of $350 (GST incl.) - applies to funds where ACR needs to be lodged with the ATO,
• Audit Management Letter additional charges of $150 (GST incl.) - applies to funds with contravention issues but no Audit Contravention Report lodged,
• Preparation and lodgment of Transfer Balance Account Reporting (TBAR) per member with a maximum of four events for a member in one TBAR - $350 (GST incl.).

If you are ready to appoint SuperEasy® for your service provider for the SMSF Setup and 1st Annual Administration, please click start application button:

To enable us to prepare your SMSF Audit and Tax return, you have to supply ALL fund's records of transactions and investments for the specific tax year. Preferred data format for documents is PDF and CSV files for the bank and stock broker transactions. The CSV format allows for the electronic input into our software. CSV is a standard format supported by majority share trading organisations and banks.

The list of records and documents required for the processing of the Annual administration of your fund are following

• Bank Accounts - Bank statements, term deposits, bank bills, debenture stock statements,
• Shares - Contract Notes for Purchases/Sales,
• Brokers' transactions statements,
• Brokers' cash management account,
• Dividend statements,
• Dividend re-investment advice statements,
• Managed Funds - distribution statements,
• Copy of executed Trust Deed,
• Investment Strategy,
• Documentation relating to any other investment types the fund may have,
• Any correspondence from the Australian Taxation Office,
• In case this is your first EOY administration with SuperEasy Pty Ltd, and you had a different service provider the previous financial year, copy of the Financial statements and reports for that financial year is required - including the CGT history of all assets (i.e. the acquisition dates and prices) and full member balance components including undeducted amounts,
• Any other correspondence or Tax Invoices relating to your fund,
• Portfolio Valuation list as at the end of the financial year (issued by your stock broker),
• Rollover Forms,
• Expense Form (form supplied by SuperEasy®),
• Pension PAYG Form (form supplied by SuperEasy®),
• Employer contributions if applicable (form supplied by SuperEasy®),
• Personal contributions if applicable (form supplied by SuperEasy®),
• For pensions - Actuarial Certificates if applicable,
• Any other correspondence relating to or associated with your fund or its activities.

Once you have completed the application process for the Annual Administration of your SMSF with SuperEasy®, you will receive further instructions.

Alternatively, you can download a form from the list below, by clicking on the form you want to download, or you can request these forms by sending us an email to admin@supereasy.com.au

Downloadable List of Annual Administration Application Forms:

Adobe Acrobat Format (PDF)

• Multiple Member Fund setup and Annual Administration Application Form (19KB)
• Single Member Fund setup and Annual Administration Application Form (17KB)
• Single Member Corporate Trustee Fund setup and Annual Administration Application Form (17KB)
• Multiple Member Corporate Trustee Fund setup and Annual Administration Application Form (22KB)

* Fees for our services SuperEasy®'s costs are time based and depend on the amount of work required to complete a specific task. That's why, whenever possible, we base our charges on the number of investments. Other factors, which could influence our fees, are the completeness and correctness of the records and documents that you provide. Let us know if your fund has a large number of transactions per investments, or does " Day trading". Day trading is a practice of buying and selling financial instruments within the same trading day. Additional fee might apply for day trading of investments. While we will do our best to provide the accurate estimate based on the client’s input at the time of quoting, the final price will depend on the actual work performed and time spent on processing of the fund. Please note that all work is carried out by experienced, superannuation specialists and is fully covered by the appropriate professional indemnity insurance.

Technical Difficulties in Receiving Electronic Versions of Documents Some of our clients have a problem receiving electronic copies of our documents (attachments) sent via email, due to restrictive option settings on their email messaging software.

To receive our attachments, please follow the steps:

• Open Microsoft Outlook Express,
• Select "Tools",
• Select "Options",
• Click on "Security",
• Under "Virus Protection" de-select the option: "Do not allow attachments to be saved or opened that could potentially be a virus".

If this option is selected your computer is unable to display (receive) any attachment files (a file sent enclosed in an email). As soon as you reset the security option, you will see our attachments previously received by your computer. Once you have received our files you can select that option again for an extra virus protection of your computer (if you do not use any other email virus protection program).

Some documents we send to our clients are in Adobe Acrobat format (PDF). You will need to have Adobe Acrobat Reader to open these documents. If you don't have Adobe Acrobat Reader, you can download it for free, by clicking on the right link/image:

Please note: SuperEasy®web site is customized for Microsoft Internet Explorer, version 5 or above, with the Internet Options "Security" and "Privacy" adjusted to "medium" level setting. Some SuperEasy® applications will not work with "Security" and "Privacy" Internet Options set to "high" and/or a firewall "Security" options set to "high". Also, if you use any other Internet browser, you might experience difficulties in accessing some SuperEasy® web pages. If you experience problems with our application forms, and use Microsoft Internet Explorer browser, please check your browser's Internet Options by selecting "Tools" and then "Internet Options". From here select and check your "Security" and "Privacy" settings and amend the settings to "medium".