Welcome to ESUPERFUND's July Newsletter.
We would like to take this opportunity to thank you for your support over
the past Financial Year.
In this issue, we explain the SMSF Annual Compliance process and advise
you of the key dates for the upcoming 2020 Financial Year, including the
release date for the 2019 Financial Year Online Checklist. Furthermore, we
introduce some tips to help you get prepared for the Online Checklist.
Client Services Manager
If you established your SMSF before 1 July 2019, the SMSF will need to
lodge a Tax Return with the ATO for the 2019 Financial Year. The SMSF’s
establishment date and details can be viewed on your
ESUPERFUND Client Portal Dashboard.
ESUPERFUND will attend to the SMSF’s Annual Compliance requirements
including the preparation of the annual Income Tax Return, Financial
Statements and the Annual Audit. As the first step of the Annual
Compliance process, you will be required to complete the
via your ESUPERFUND Client Portal.
Please find below some key dates:
The 2019 Online Checklist will be released to clients
progressively from late July 2019 and will be available via the ESUPERFUND
Client Portal. All clients will receive access to the Online Checklist
by 31 August 2019. Upon the release of your Online
Checklist, a notification will be sent to you via the
Client Portal Inbox.
You can visit our website for more information on the
Annual Compliance Process.
Bank Accounts & Term Deposit Investments
Ensure that you obtain the official Bank Statements/Transaction
History Statements that contain the transactions details for the
entire period 01/07/2018 to 30/06/2019 for any Bank and Term Deposit
accounts that are not established by ESUPERFUND.
Broker Accounts & Other Investments (e.g. Physical Metal/Managed
Ensure that you obtain the official Trading History Statements that
contain the trades details for the entire period 1/07/2018 to
30/06/2019 and Holding Statement as at 30 June 2019 for the Broker
Accounts that are not established by ESUPERFUND.
For any contributions, other than Employer Concessional Contributions (SGC), made during the 2019 Financial Year, you will
be required to provide the associated documents (e.g. Tax Deduction
Notice, Receipt & Acceptance of Section 290-170 Notice, Spouse
Contributions Splitting Form, Work Test Declaration, etc.) when
completing the 2019 Online Checklist. For more information on
Contribution types and required documents can be found
For any Insurance Premiums, not setup via ESUPERFUND, paid by the SMSF, please ensure that you
obtain the Insurance Policy Statements that explicitly state the
policy owner (i.e. SMSF), the name of the insured member, the
insurance type, the level of cover and the total premiums paid for
the 2019 Financial Year.
Ensure that all documents related to the SMSF’s property investments
can be provided when completing the 2019 Online Checklist. For new
property investments, you will need to provide the Contract of Sales
and Settlement Statements. For any expenses incurred, associated tax
invoices will be required.
Just a thank you for the preparation of accounts and administration of
our SMSF in the ever-increasing complex regulatory requirements.
Sincere appreciation to all at ESUPERFUND. Without your expertise we
could not continue our SMSF. – I.B., QLD
I continue to be totally satisfied with the service levels received
from ESUPERFUND. Each year it works like clockwork, and our
superannuation fund affairs are managed in a most professional way.
This is a no-frills low-cost service which enables us to efficiently
manage our own superannuation needs. – G.A., VIC
ESUPERFUND Pty Ltd as Trustee for ESUPERFUND Trust ABN 37 842 535 715
General Advice Warning
No Advice Express or Implied: The contents of this website are of a general nature only and have not been prepared to take into account any particular investor's objectives, financial situation or particular needs. ESUPERFUND does not
provide financial product advice or recommend any financial products either expressly or implied. ESUPERFUND expressly states that it does not recommend, represent as suitable, or endorse any financial product or service available through ESUPERFUND.
This applies equally to those financial products which are established for your SMSF when you become a client of ESUPERFUND. Any information provided in relation to any financial product or service available through ESUPERFUND is factual information
only about the operation of the account and how data is made available to ESUPERFUND. Where this website refers to a particular financial product then you should obtain a Product Disclosure Statement (PDS) relating to that product and consider the PDS
before making any decision about whether to acquire the product. We also recommend that you should seek professional advice (see below) from a financial adviser before making any decision to purchase any financial product referred to on this website.
While the sources for the material are considered reliable, responsibility is not accepted for any inaccuracies, errors or omissions.
Seek Professional Advice from a Financial Adviser: ESUPERFUND is a no advice model and does not provide financial, legal or tax advice to clients. We recommend that you seek appropriate professional advice in view of your personal circumstances.
A licensed financial adviser will consider your personal situation and make a recommendation suitable to your financial needs. All information detailed on our website is purely factual and is general in nature. Accordingly, you should not rely on it.
It should always be remembered that Trustees are legally responsible for all the decisions made even if you obtain advice from a Financial Planner. Whilst a Financial Professional can provide advice and assistance you are ultimately responsible for the Fund.
Fees: Fees relating to operating your SMSF with ESUPERFUND are detailed on our fee page here. When setting up a SMSF it is important to understand that additional fees may apply that must be carefully considered prior to making a decision to
setup a SMSF including an
ATO Supervisory Levy,
Company Trustee Setup Fee (where applicable), and