First of all, if you use Superannuation Warehouse as your administrator, we will arrange and pay for the audit service, so this is taken care of. The cost of the SMSF audit is included in your monthly payments.
If you perform your own accounting and tax for your SMSF, we can perform the audit for your Fund. The fixed fee for the audit is $450. Lower fee is for simple SMSFs or for accountants. To prepare for the audit, complete this checklist and you can download a template for accounts preparation, tax returns, Trustee minutes and other documents from the DOWNLOADS section in the menu.
SMSF compliance needs to be considered during SMSF’s establishment and on an annual basis. These responsibilities include:
Superannuation Warehouse assists Trustees to perform these responsibilities. It is a responsible position to be a Trustee of an SMSF and can be a very rewarding experience, especially to see your Superannuation balance grow.