2010 Annual Compliance Fee
If you establish a SMSF on or before 15 March, 2010, the First Years 2010 annual compliance fee is FREE. That is the fee to attend to the Fund's 2010 annual compliance obligations is FREE. This is a saving of $599. Our FREE First Year Offer includes attending to ALL annual compliance obligations for your SMSF for the 2010 Financial Year including:
- Preparation of an annual Balance Sheet
- Preparation of an annual Profit & Loss Statement
- Preparation of annual Member Statements
- Preparation of annual Trustee Resolutions & Minutes
- Preparation of an annual Income Tax Return
- Preparation of an annual Audit
2011 and Future Years Annual Compliance Fee
For the 2011 Financial Year and future years, ESUPERFUND attends to all the taxation and accounting obligations including the audit for your Superfund for an annual FIXED FEE of $599 per annum (GST inclusive). This fee is fixed irrespective of the number of transactions made by your Superfund, the size of your Superfund or the number of members. Our Annual Fee includes attending to ALL annual compliance obligations for your SMSF including:
- Preparation of an annual Balance Sheet
- Preparation of an annual Profit & Loss Statement
- Preparation of annual Member Statements
- Preparation of annual Trustee Resolutions & Minutes
- Preparation of an annual Income Tax Return
- Preparation of an annual Audit
Annual Compliance Fee is Fixed
Our low ongoing annual fee of $599 per annum is FIXED. This is not an introductory fee. Our aim is to ensure our fees are the most competitive in the market on a continual basis. Whereas other SMSF providers offer generous first year promotional offers you can be assured our low annual compliance fee will remain low - always.
Timing of 2011 and Future Years Annual Fee
As outlined above the 2010 year's annual compliance fee for your SMSF is FREE. The 2011 Financial Year Compliance Fee is payable in January 2011. Future Annual Compliance Fees after the 2011 Financial Year are payable each 12 month anniversary thereafter, in January each year.
Example:
For example if you establish your SMSF on or before 15 March, 2010, your annual fees will be as follows:
2010 Financial Year FREE
2011 Financial Year Annual Fee Payable January 2011
2012 Financial Year Annual Fee Payable January 2012
2013 Financial Year Annual Fee Payable January 2013
and so on ..
Who Pays the Annual Compliance Fee?
Importantly your SMSF will pay our annual compliance fee of $599 from the ANZ V2 Plus Account established for your SMSF. An authority to make the payment annually is included with the Establishment Package for signing, meaning that the payment will occur automatically each year from your Fund's ANZ V2 Plus Account.
Our FREE First Year Offer Applies only to New SMSF applications submitted on or before on or before 15 March, 2010. For example if you apply online on or before 15 March, 2010, however your Fund is established after that date you will still qualify for our FREE First Year Fee Offer.