Self-Managed Super Funds


Individual Trustee vs. Corporate Trustee

The fixed costs (i.e. charged regardless of fund size) include set up costs and annual fees for: 

  • Accounting services – including preparing the SMSF annual financial statements and income tax return;
  • Auditing – actuarial certificates;
  • Annual supervisory levy payable to the ATO, which is currently $518 for a newly registered fund and $259 per year on an ongoing basis for existing/continuing funds; and
  • Legal fees – establishing and amending trust deeds or other documentation from time to time.

In addition, an SMSF will incur variable fees for:

  • The purchase, sale and maintenance of investments;
  • Advice fees from service providers and advisers;
  • Costs of providing insurance for members; and
  • Fees when engaging providers to assist with administering the fund.