2016 July Client Newsletter

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Issue 28 | 15 July 2016

Welcome to ESUPERFUND’s July Newsletter.

In this issue, we remind you of the key dates for the coming 2017 Financial Year, including the release date of our 2016 Financial Year Online Checklist. We introduce our company setup service for SMSFs and provide guidance on the valuation of assets at the financial year end.

Mark Needham

Client Services Manager


Key Dates for the 2017 Financial Year

2017 Financial Year

If you established your SMSF or transitioned your Existing SMSF to ESUPERFUND before 01 July 2016, you will be required to complete our Online Checklist to enable our office to prepare your SMSF's Annual Return.

Please note that the 2016 Financial Year Online Checklist will be released and available via the ESUPERFUND Client Portal by 31 July 2016. On release of the Online Checklist, an email notification will be sent to your registered email address. If you have recently changed your email address, please login to the Client Portal to update your email address at your earliest convenience. You may need to check the Spam folder in your email inbox if you have not received our checklist email by the release date.

To ensure the on-time lodgement of your SMSF’s Tax Return, please complete and submit the Online Checklist by 31 October 2016.

Checklist completion is the first step of your Fund's 2016 Annual Compliance process. Please bear in mind the above key dates and feel free to contact us if you have any queries.

You can visit our website for more information about Annual Compliance Process.

What's New?

Company Setup via ESUPERFUND

If you do not have an existing Company and would like to establish a Company to act as Corporate Trustee or Security Custodian for your SMSF, ESUPERFUND now offers a Company Setup Service at a cost of , which is predominantly an establishment fee payable to ASIC. In addition, there is an annual ASIC Fee of approximately payable directly to ASIC. There is no additional annual fee payable to ESUPERFUND to manage the Company.

    To establish a Company as corporate trustee for your SMSF, please submit a Change of Trustee application via the Client Portal under ‘Member Account - Trustee and Member Change’.
    To establish a Security Custodian Company for your SMSF to purchase property with borrowings, please submit a Custodian Company application via the Client Portal under 'Property - Custodian Company'.

Do You Know?

Valuations at Financial Year End

SMSFs are required to value all assets at Market Value at each financial year end as part of the annual compliance process. ESUPERFUND will receive the electronic data in relation to your bank and trading accounts if these accounts were set up by ESUPERFUND. However, if your SMSF holds other assets (e.g. physical metals, property and etc.) during the financial year, you are required to provide us the Market Value as at 30 June 2016 for these assets when completing the 2016 Financial Year Online Checklist.

Please follow the ATO valuation guidelines to estimate the market value.



Since joining in 2008 with a modest balance, we have managed to double that and could not have done it without ESUPERFUND. The level of no nonsense advice and assistance has enabled us to manage our investments, at the lowest cost possible. You are the best bar none!

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