SMSF Accountant

How much do accountants charge for SMSF When creating an SMSF, it’s important to understand both setup and ongoing costs. Initial costs are generally higher, but once the fund is established, the annual SMSF accounting fees become more predictable. The essential costs of owning an SMSF include: Accounting fees Annual audit fees ATO SMSF supervisory levy Essential SMSF Accounting Services To remain compliant, every SMSF requires the following services, which are typically covered within the SMSF accounting fee: Preparation of Financial StatementsThis includes balance sheets, operating statements, and member balances. SMSF Tax ReturnPreparation and lodgement of your SMSF tax return with the Australian Taxation Office. Organisation of Independent AuditSMSFs must be audited annually by an independent, approved auditor. Ongoing SMSF Accounting Fees The SMSF accounting fee can vary depending on the size and complexity of your fund. At City Tax Accountants, our pricing is clear and transparent: Basic SMSF accounting…