SMSF Australia Blog Articles

A Self-Managed Super fund (SMSF) is subject to stamp duty when purchasing a property. It is crucial to obtain local expertise and advice when purchasing a property in an SMSF.

A self-managed super fund (SMSF) is automatically a retail investor unless they elect and are eligible to be a sophisticated investor or wholesale investor.

The average cost of running an SMSF depends on the provider, it ranges from $2k to $15k annually, our costs are $1.3k to $2k per year depending on factors like size, complexity

The Australian Taxation Office (ATO) have released their latest statistics for SMSF for the March 2025 quarter which shows the average SMSF balance is $835,000

The cost to close an SMSF is $1,500 plus GST on top of any outstanding accounting/audit work for any years not completed.

Does an SMSF need an ABN? Yes, you must have ABN which needs to be created as part of the SMSF Setup process

Are SMSF fees tax deductible? Yes, Under Section 8-1 of the Income Tax Assessment Act 1997 (ITAA) they are if they relate to gaining assessable income

A self-managed super fund (SMSF) is a DIY super fund regulated by the ATO with up to 6 members. Learn how SMSFs work, trustee responsibilities, investment rules, and key compliance obligations

Living in or leasing an SMSF residential property to a member or relative can trigger penalties up to $19,800 per breach, trustee disqualification, or non-complying fund status. Learn the rules

Financial planners must hold an AFS licence to give SMSF advice. Learn what planners can and can't advise on, what accountants are permitted to do without a licence, and key ASIC guidelines