Costs of Running a SMSF
There are a number of costs in running a SMSF but you will find that these costs are competitive with the administration costs you would have been paying when being part of a large superannuation fund. The fees can be broken down into a number of sections, as below.
First Annual Fee
Second Annual Fee
Is for the preparation and lodgement of the ASIC company annual return which is assessed on the registration date of your company each year.
Third Annual Fee
Is an Audit fee. It is an annual requirement that the financial statements and income tax return of a SMSF are audited by a registered auditor each year, something we arrange for our clients.
Excluded from the above are