SMSF Wind Up – What You Need to Know At some point, every Self-Managed Super Fund reaches the end of its journey. An SMSF wind up occurs when the fund is closed and the remaining balances are either paid out as pensions or lump sums, or rolled into another super fund. There are many reasons trustees decide to wind up an SMSF, including: The death of a trustee Major health issues or incapacity Rising costs that no longer justify keeping the fund open Divorce or relationship breakdown Trustees relocating overseas All members choosing to exit the fund An SMSF wind up is a natural part of the SMSF lifecycle and should be considered as part of your succession and estate planning. Ideally, these plans should be documented and signed by all trustees. We also recommend discussing your arrangements with an estate planning lawyer to ensure an enduring power of attorney…

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…

Expert SMSF Accounting Services You Can Rely On Are you looking for trusted specialists in SMSF accounting services? You’ve come to the right place. We are a dedicated team of professionals who focus exclusively on SMSF accounting, combining deep technical expertise with smart automation solutions. By automating routine compliance tasks, we free up time to deliver high-level, tailored advice—without passing on high costs to our clients. Our experienced, accredited SMSF accountants take pride in providing responsive, personalised service. Unlike generalist firms, we focus solely on SMSFs, ensuring our clients get specialist attention and guidance every step of the way. Our SMSF Accounting Services Include: Tailored services to suit your needs—proactive or reactive. Regular reconciliation of your bank accounts and investment activity via seamless data feeds linked to Class Super. Preparation of annual Financial Statements and SMSF Tax Returns. Accurate maintenance of investment records for capital gains tracking. Preparation and lodgment…

SMSF Setup Made Simple, Compliant & Stress-Free An SMSF setup may be suitable if you: Want more control over your super investments Have a long-term investment strategy Are willing to take on trustee responsibilities Want flexibility with property or direct investments Once you have decided that you are ready to move forward with your SMSF setup get in touch with our friendly team and let us handle everything for you — from setup to compliance, so you can focus on growing your retirement savings with confidence. Why Choose Our SMSF Setup Service? Setting up an SMSF can be complex if it’s not done properly. Mistakes at setup can lead to compliance issues, penalties, and unnecessary costs later. Our SMSF setup service is designed to make the process simple, accurate, and fully compliant — without the headaches. ? End-to-end SMSF setup? Corporate trustee included? Fixed pricing – no hidden fees? Expert…