Choose a service package which best suits your SMSF

Our transparent and fixed SMSF administration fees suit SMSFs of all sizes and types. Choose from one of our popular packages or calculate your SMSF administration fees below

Standard

$1,980/per annum
  • Includes the annual independent audit
  • Paid as $165 per month on direct debit.
  • Our base offering covering simple SMSFs with selected popular bank accounts and selected direct Australian equity brokers (ASX shares, ETFs and mFunds).
  • Fees not impacted by the size of your fund, the number of investments or the number of transactions.

Premium

$2,640/per annum
  • Includes the annual independent audit
  • Paid as $220 per month on direct debit.
  • Investments include cash accounts, term deposits, direct equities via a wide range of brokers, managed funds via wrap or residential property.
  • Fees not impacted by the size of your fund, the number of investments or the number of transactions.

Comprehensive

$3,300/per annum
  • Includes the annual independent audit
  • Paid as $275 per month on direct debit.
  • Suitable for larger SMSFs with varied investment that may include commercial properties, collectibles, crypto-currency, unlisted and/or related party investments.
  • Fees not impacted by the size of your fund, the number of investments or the number of transactions.

ASIC has useful information on SMSF administration fees here.

We are passionate about helping you get the best from your SMSF.
The following outlines our approach to SMSF administration:

Your SMSF - Your Choice

You have an SMSF because you want control and choice in regard to your wealth. We do not dictate to our clients what they can invest in and what banks, brokers and investment platforms they need to use. However where we believe there is a better solution that saves you both time and money, we will point you in the right direction.

Less Paperwork

We are experts at streamlining how your SMSF runs. We have the widest possible range of automated transaction feeds from banks, brokers and investment platforms / wrap accounts available. This makes it is easier, faster and more cost effective for us to keep your SMSF accounts up to date. Our goal is to be able to complete your SMSF accounts with you supplying only minimal documentation and without us undertaking any manual data entry.

Advice When You Need It

With Superfund Partners you have access to an experienced team of tax accountants, SMSF specialists and financial advisers. The right advice is only ever a phone call away, and we encourage you to come and meet with us once a year at no extra cost. The less time we spend chasing paper and old fashioned manual data entry the more attention we can give to strategies that help you squeeze the most from your SMSF.

Simple Fee Structure

Our fixed fee packages are driven by the accounts and investment platforms you use, not the number of individual investments or transactions. Where your SMSF falls outside the packages we can tell you how to get everything aligned so you can take advantage of the lower fixed fees that the packages provide or work with you to find a solution and a fee that works for both of us.

What’s included in our SMSF accounts service:

  • Preparation of annual accounts and SMSF tax return.
  • Online access to your up-to-date SMSF reports.
  • We look after all ATO correspondence on your behalf.
  • Preparation and lodgement of your activity statements
  • Liaison with our independent auditors.
  • Dedicated SMSF specialist accountant.
  • Unlimited phone support from our expert team.
  • Access to exclusive client events.
 
SMSF Accounting Inclusions

Does your SMSF not fit the mold?

We don’t all fit into neat boxes. We understand. Use our fee calculator to determine a tailored fee – just for your SMSF.

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Learn more about our fixed SMSF administration fees

Superfund Partners offers a lot more than simply SMSF accounts. We are not like other accountants.

  • Establishment of a new SMSF (with special purpose trustee company – soft copy PDF) $1650
  • Amendment (upgrade) of an existing SMSF trust deed (soft copy PDF) $550
  • Amendment of existing SMSF deed and establishment of a new SMSF trustee company (soft copy PDF) $1650
  • Establishment of a Limited Recourse Borrowing Arrangement (LRBA) (with trustee company – soft copy PDF) $1650
  • Establishment of Limited Recourse Borrowing Arrangement (LRBA) (using an existing company as trustee – soft copy PDF) $550
  • All SMSF administration fees quoted are inclusive of GST
  • Fees can be paid monthly or on an annual in arrears basis however we must hold a direct debit authority on file
  • Where your SMSF is operational for only part of the year a pro-rata fee will be payable for SMSF administration however the audit fee component is fixed regardless of whether your SMSF operated for only part of the financial year
  • Our SMSF administration fees include the independent auditor fee
  • To be eligible for the fixed fee packages you will be required to sign all required third party authorities to enable us to receive you bank, share trading and investment transactions electronically
  • Preparation of annual accounts and SMSF tax return.
  • Online access to your up-to-date SMSF reports.
  • We look after all ATO correspondence on your behalf.
  • Preparation and lodgement of your activity statements
  • Liaison with our independent auditors.
  • Dedicated SMSF specialist accountant.
  • Unlimited phone support from our expert team.
  • Access to exclusive client events.

There are a number of items and services that are not included in our fixed SMSF administration fee packages including:

  • Specific, personal financial advice.
  • Documentation to start or stop a pension.
  • Actuarial certificates where required.
  • Fees we incur including title search fees for property investments.
  • Fees where your SMSF is audited by the ATO.
  • Documenting your SMSF investment strategy.
  • Additional administration fees that push your SMSF outside the fixed fee packages above.
  • ATO SMSF Supervisory Levy of $259 per annum.
  • ASIC company renewal fee of $54 per annum.

There are a number of common questions we get asked when it comes to SMSF administration fees and costs:

  • Are SMSF fees tax deductible?
    • Yes, typically where a fee is incurred for the ongoing accounting, administration and advice relating to an SMSF, that expense is tax deductible.
  • Are SMSF setup fees tax deductible?
    • No, the fees to establishment or setup a new SMSF are not tax deductible however when paid by the member or trustee personally they can be reimbursed provided an invoice for the SMSF setup is issued in the name of the SMSF.
  • What are the average fees for an SMSF?
    • There are number of factors that impact average fees, however a median SMSF accounting / administration fee is typically $2,500 – $3,000 per annum and the median independent SMSF audit fee according to the ATO is $550 per annum
    • The average Superfund Partners SMSF fee is lower than the above averages.
  • How much does it cost to audit an SMSF?
    • According to the ATO the median fee to audit an SMSF reported in the 2016/17 financial year was $550 and the average fee was $688.
  • How much does it cost of run an SMSF?
    • Around $2,000 per annum if you pick your own investments (self-directed) and have a simple portfolio of cash, shares and ETFs. If you outsource your SMSF investment to a professional financial adviser there will be additional fees. All SMSFs also have to pay an SMSF Supervisory Levy to the ATO of $259 per year which is included as part of their SMSF tax return.
  • Can an SMSF pay ASIC fees?
    • Yes. An SMSF can and should pay the annual ASIC fees for the trustee company of the fund.
  • Can SMSF trustees be paid?
    • No, however where they perform services on behalf of the SMSF they should be reimbursed on an arms-length basis. Always seek professional advice before paying yourself any money from your SMSF.
  • What expenses can an SMSF claim?
    • All expenses related to the ongoing management of an SMSF can be paid from the SMSF bank account including operating expenses, accounting fees, SMSF administration fees, SMSF audit fees, the SMSF Supervisory Levy, insurance premiums, financial advice fees, legal fees, ASIC annual company registration fees, tax return related expenses, statutory fees and levies, investment related expenses.
  • How much is the ATO SMSF Supervisory Levy?
    • $259 per annum however two years worth of levy ($518) are paid when the SMSF lodges it’s first tax return with the ATO.

Custom SMSF Administration Fee Calculator

Calculate a custom fee for your SMSF. Use this calculator when your SMSF doesn't fit into one of our fixed-fee SMSF administration packages.