It’s important to note that the specific documents required may vary depending on individual circumstances and the SMSF’s activities. Working with qualified SMSF professionals like our team can ensure that all necessary documents are prepared and maintained to meet compliance obligations. The trust deed is the governing document that establishes the SMSF and outlines its rules and operating procedures. An investment strategy outlines the SMSF’s investment objectives, risk tolerance, and asset allocation approach. These statements provide a snapshot of the SMSF’s financial position, including the balance sheet, income statement, and cash flow statement. The SMSF’s annual tax return must be lodged with the Australian Taxation Office (ATO), reporting assessable income, deductions, and applicable tax liabilities. The SAR is a regulatory form that provides information about the SMSF, its members, contributions, and benefits. Compliance documents to start Account based pension or Transition to Retirement. An independent auditor must review the SMSF’s operations and financial statements and provide an audit report confirming compliance with regulations. Member statements provide details of contributions made, benefits received, and account balances for each SMSF member. Minutes of trustee meetings document decisions made regarding investments, contributions, and other important matters. Details of any insurance policies held by the SMSF, such as life insurance or disability insurance, should be maintained. Records of SMSF transactions, including purchases, sales, income received, and expenses incurred, must be kept for at least five years. Contact us today to learn more about our SMSF solutions and how we can help you plan for a secure financial future. My SMSF Online
SMSF Compliance Documents
– About SMSF Compliance Documents
Tailored Documentation Services
Here are some of the key documents essential for SMSF compliance.
01
Trust Deed
02
Investment Strategy
03
Annual Financial Statements
04
SMSF Annual Return (SAR)
05
Pension Documents
06
Audit Report
07
Member Statements
08
Minutes of Meetings
09
Insurance Policies
10
Records of Transactions
Take control of your savings?
Contact Us
Great things in business are never done one. They're done by a team of people.
Need Help?
Email us directly
admin@mysmsfonline.com.au
This website uses cookies to improve your web experience.