SMSF Fee Structure
Full Annual Administration Service
Oracle Business Accountants annual administration service includes the following:
- Transaction processing from source documents and the preparation of Operating Statement, Statement of Financial Position, Notes to the accounts and Members Statements;
- Preparation and lodgement of fund income tax return;
- Preparation of annual Trustee Resolution; and
- Annual audit performed by our independent auditor.
Our Fees are based on a time cost basis, which is influenced by;
- the number of investments held as at year end;
- the amount of investment trading during the year;
- if the super fund is carrying on business activities;
- investments in overseas direct property and overseas unlisted shares (due to the difficulty in verifying these investments for audit purposes); and
- the requirement to complete an actuarial certificate for a tax exempt percentage report.
* Audit fees will be increased if compliance breaches are identified and/or the audit report needs to be qualified for either financial audit matters or SIS compliance breaches.
Fixed Pricing Items
Pension Establishment and Ongoing Services
Preparation of documents for the commencement of Account Based Pensions costs $385 including GST. Additional fees may apply if interim accounts need to be prepared for the fund. If you would like us to prepare your Annual PAYG Payment Summary and Summary Statement for members under age 60 we can do so for a cost of $165 including GST per annum. Documentation in relation to the payment of lump sum payments from the fund costs $220 including GST.
Corporate Ongoing Services
If you would like us to act as registered office for your Company and prepare the annual minutes and maintain your company register we charge an annual fee of $286 (AUD including GST) per company per annum. This includes preparation of ASIC forms for any address changes required during the year.
Business Activity Statements
Preparation of Business Activity Statements (GST Registered Funds) starting from $275 (AUD including GST) per Business Activity Statement.
SMSF Borrowing Structures
Please note that this is a documentation service only. It does not include any financial advice about the suitability of the structure or borrowing to your personal circumstances. We can incorporate a custodian company for a cost of $990 including GST.
Preparation of a Holding Trust for a Bank Borrowing Costs $830 including GST.
Preparation of a Holding Trust and Loan Agreements for a Related Party Borrowing costs $1,430 including GST.
SMSF Consulting Services
SMSF assistance, advice, and consulting services including assistance with SMSF Borrowing Arrangements will be charged at our regular hourly charge out rates. Please contact our office for details of our current rates.
The information on this website is intended for general information only, contains general advice and has been prepared based on the current taxation and superannuation laws. No person should rely on the contents of this website without first obtaining advice specific to their circumstances from a qualified professional.