Self Managed Superannuation Funds
The fees and charges at Superannuation Warehouse are simple and low. Efficiency is our watchword. Our fees are one low flat rate, irrespective of your SMSF balance or how many transactions you make.
Our fees schedule:
| SMSF set-up with Individual Trustees | $450 | |
| SMSF set-up with a Corporate Trustee | $1,400 | |
| Monthly Charge, Basic (Cash Investment Option) | $60 | per month |
| Annual Charge, Basic (Cash Investment Option) | $720 | per year |
| Monthly Charge, Advanced (any provider and investment option) | $100 | per month |
| Annual Charge, Advanced (any provider and investment option) | $1,200 | per year |
| Monthly Charge, BGL Simple Fund 360 Online Access | $30 | per month |
| PAYG Instalment, BAS, GST lodgment | $200 | per statement |
| Existing SMSF take-on | $475 | once-off fee |
| Bare Trust set-up when borrowing for investment property | $950 | once-off fee |
| Additional Bare Trust set-up | $950 | one-off fee |
| Audit only (i.e. you handle your own accounting & tax) | $450 | max, see the audit page for a quote |
| ASIC Annual Fee for a Custodian Trustee | $310 | annually from 1 July 2023 |
| ASIC Annual Fee for a Corporate Trustee | $63 | annually starting 1 July 2023 |
| Super Levy Surcharge payable to the ATO | $388 | for 2014 |
| Super Levy Surcharge payable to the ATO | $259 | for 2015-2016 |
| Actuarial Certificate | $280 | |
| To close down an SMSF | $250 | |
| Trustees Office Meeting | $280 | per hour, phone support and email is not charged |
| Prepare a Pension Minute and lodge a TBAR report to the ATO | $350 | per report |
| Update Trustee/Member details | $350 | (including a Trust Deed update to reflect the new Trustee/Member details) |
| Rollover Statement Preparation | $200 | |
| Crypto Investments | $350 | (in addition to the monthly/annual fee) |
| Title search per property | $120 | (in addition to the monthly/annual fee) |
| Valuation Report per property | $120 | (in addition to the monthly/annual fee) |
| Scanning | $150 | |
| Complex Funds | $150 | |
| Amended Tax Return | $350 | |
| Adjustment or questions raised due to incomplete supporting documents | $150 |
*Scanning: We require soft copies of all the supporting documents to make the accounting process efficient. However, in a circumstance where hard copies are provided, we will need to scan those in for accounting and audit purposes. We do not keep any hard copies in our premises.
Note on fees
Fees are payable monthly in arrears. GST is included where applicable. If not, we do not charge you more, and you cannot claim GST on those expenses. There are no exit or penalty fees if you decide that you no longer want Superannuation Warehouse to take care of your SMSF.
Administration fees cover the annual preparation of Accounts, Tax Return and Audit (we appoint and pay the auditor). This is all you need to run your SMSF. The only possible additional expenses are such things as bank and brokerage Fees.
If your SMSF is set up on the 12th of the month, we will set up a Debit Order that will be deducted from the SMSF bank account on the 12th of every month. And, don’t worry, we perfectly understand and take into account the fact that it can take some time to get a bank account set up and funds rolled over from your existing Superannuation Fund to the SMSF.
Fees are generally fixed, but if there’s incomplete information from Trustees and significant re-work on accounting matters by us, we will have to pass on this cost to the Trustee at the rate of $150/hr.
What do we expect from you?
- When contributing to your SMSF, make sure you keep track of how much each Member contributes.
- Additional information can be sent to us as a scan(s) via email or posted in the terrestrial mail.
Trustees now have the option of viewing and managing their Funds affairs online with the SimpleFund 360. For more information, see our package deals.
As a complete administration service, we will supply you with the following documents for your SMSF at the end of the financial year: Financial Statements, Member Benefit Statements, Tax Calculation and a Tax Return as well as Trustee Minutes for the year.
Our fees are the most competitive in the market – we want you as a client!!
Refund Policy
If for any reason you are not completely satisfied with our services and you want to request for a Refund, please email us at admin@superannuationwarehouse.com.au. As soon as we receive your email, one of our staff will contact you and assist you with the process.
