DIY Super Fund
Our SMSF Admin Solutions provide high-value SMSF administration at a discount.. Whether you are an Accountant/Financial Adviser managing significant number of SMSF clients, you will find our solution to be a perfect fit.
We leverage on our superior knowledge and understanding of SMSF as well use of technology to bring to you an efficient and hassle free way to manage your SMSF.
We have been in this space since 1988 (31 years) and now you can benefit even more by letting us do your SMSF administration work while you focus on finer things in life!
We do not charge anything extra - our fee is simple to understand as there are no hidden extras. Our fee is fixed this means that your SMSF and investments will not be affected.
All our procedures of collecting data for your SMSF is via datafeeds from banks, brokers and platforms. This helps us to keep our fees law by faster and cost effective admin services.
We do not tell you where you should invest in super - which bank to use and where to borrow and which property to purchase. We do not receive any commissions or pay back from anyone. However if we can help you to save and get value for money - we guide you
Pricing Plan
New DIY Super Fund Setup + 1st Year Fees | Starter | Investor | Pensioner | |
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Seperate business from personal spending | ||||
A - Corporate Trustee - ASIC Fee (ASIC Fees $597 + $110 Printing & Courier fees) |
$707.00 |
$707.00 |
$707.00 |
|
Eserwrewrwerewyments | ||||
Corporate Trustee & Trust Deed Set up | ||||
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Electronic Service Address (ESA) | ||||
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Appointment of Trustees & Declarations | ||||
Seperate business from personal spending | ||||
Regulated SMSF Election & ABN, TFN Application | ||||
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Investment Strategy Template | ||||
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Minutes and Resolutions to Setup fund | ||||
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Assistance in Bank Account Setup | ||||
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Obtaining Complying status for the fund | ||||
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Assistance with Rollover to your SMSF | ||||
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Assistance in completing BDBN | ||||
Seperate business from personal spending | ||||
1st Year Administration Fees - Per Month (pro-rata for the number of remaining months to June – To be paid in advance) |
$55.00 |
$110.00 |
$165.00 |
|
Seperate business from personal spending | ||||
ASIC Compliance – Annual review reminders and all corporate Actions – Cost per Month | ||||
Seperate business from personal spending | ||||
B - Annual Fee (Inc GST) figure is based on Fund Created in Jan - 6 Months X $55 / $110 / $165 | $330.00 |
$660.00 |
$990.00 |
|
Seperate business from personal spending | ||||
C – 1st Year Audit Fees | $330.00 |
$330.00 |
$330.00 |
|
Seperate business from personal spending | ||||
Eserwrewrwerewyments | ||||
Total Fees Paid for Set up in January | $1,336.00 | $1,666.00 | $1,996.00 | |
Seperate business from personal spending | ||||
Seperate business from personal spending | ||||
Government Fees | ||||
Seperate business from personal spending | ||||
ASIC Annual Review Fees | $63.00 |
$63.00 |
$63.00 |
|
Seperate business from personal spending | ||||
ATO Supervisory Fees | $259.00 |
$259.00 |
$259.00 |
|
Seperate business from personal spending |
Transfer of Fund from another administrator or 2nd Year Administration Fees | Starter | Investor | Pensioner |
---|---|---|---|
Seperate business from personal spending | |||
Monthly Fee (excl. GST) | $75.00 |
$125.00 |
$175.00 |
Seperate business from personal spending | |||
Monthly Fee (Incl. GST) | $82.50 |
$137.50 |
$192.50 |
Seperate business from personal spending | |||
Annual Fee (Incl. GST) | $990.00 |
$1,650.00 |
$2,310.00 |
Seperate business from personal spending | |||
This fee is charged from 1st July to bring accounts up to date of transfer | |||
Seperate business from personal spending | |||
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What is included | |||
Seperate business from personal spending | |||
SMSF Accounting (Preparation of Operating statement, Balance Sheet & Member Statements) | |||
Seperate business from personal spending | |||
Preparation and Lodgement of Annual Income Tax Return of the SMSF | |||
Seperate business from personal spending | |||
Accounting Software License Fees | |||
Seperate business from personal spending | |||
Daily reporting / Bank / Broker Data Feeds | |||
Seperate business from personal spending | |||
Unlimited Queries Via Portal | |||
Seperate business from personal spending | |||
Change Structure of SMSF | |||
Seperate business from personal spending | |||
Annual SMSF Trust Deed Update | |||
Seperate business from personal spending | |||
Financial Advice to Set Up SMSF / Commence Pensions / LRBA / Wind up SMSF's | No Financial Advice is offered | ||
Seperate business from personal spending | |||
ASX Listed Shares & Listed Managed Funds | 30 | 50 | Unlimited |
Seperate business from personal spending | |||
Unlisted Shares & Managed Funds | No | 10 | Unlimited |
Seperate business from personal spending | |||
Number of Residential Properties Included | No | 1 | 2 |
Seperate business from personal spending | |||
Members in Pension phase | No | No | Yes |
Seperate business from personal spending | |||
Pension Monitoring and TBAR Lodgements | N/A | N/A | |
Seperate business from personal spending | |||
Ceasing a Pension - Pension Rollback | N/A | N/A | |
Seperate business from personal spending | |||
Pension PAYG Payment Summary | N/A | N/A | |
Seperate business from personal spending | |||
Optional Extra Fees | |||
Seperate business from personal spending | |||
Bare Trust (Incl. GST) + Corporate Trustee | $660 + $707 (Current ASIC Fees + Printing) |
||
Seperate business from personal spending | |||
Additional Property (excl. GST) - Residential Cost Per Month | N/A | $10.00 |
$10.00 |
Seperate business from personal spending | |||
Additional Property (excl. GST) - Commercial Cost per Month -- Incl. Quarterly BAS | N/A | $20.00 |
$20.00 |
Seperate business from personal spending | |||
ASIC Compliance – Annual review reminders and all corporate Actions – Cost per Month | $10.00 |
$10.00 |
$10.00 |
Seperate business from personal spending | |||
Lump-sum (Incl. GST) – Incl. TBAR | $220.00 |
||
Seperate business from personal spending | |||
Fund Wind up's in Addition to Monthly Fees | $660.00 |
||
Seperate business from personal spending | |||
Contravention Lodged by Auditor ACR (Incl. GST) | $220.00 |
||
Seperate business from personal spending | |||
Property Valuation Reports and Title Search Fees for Audit (Optional) | On Cost | ||
Seperate business from personal spending | |||
Accounting & Tax Returns for Related Trusts 13.22C (Optional Service) | On Quotation | ||
Seperate business from personal spending | |||
QS Report (If required) for Depreciation | On Quotation | ||
Seperate business from personal spending | |||
Crypto Currency Reconciliation | On Cost | ||
Seperate business from personal spending | |||
Seperate business from personal spending | |||
Commencing Pension (Incl. GST) - Per Pension | N/A | N/A | $220.00 |
Seperate business from personal spending | |||
Actuarial Certificates | N/A | N/A | $99.00 |
Seperate business from personal spending | |||
Accountant Letter (Incl. GST) for SMSF loans | $55.00 |
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Seperate business from personal spending |
About Us
Manoj Abichandani
Manoj has worked in SMSF space for over 25 years, first as an SMSF specialist advising over 600 funds with a CPA firm and later as an SMSF auditor. He develops and lectures on strategies which are practical and enhances retirement benefits of trustees. He has been working for the last 6 years in writing and developing online SMSF audit software - Australia's first SMSF auditing tool.
Ensuring the highest level of customer satisfaction
We are a Sydney based two partner firm which offers and delivers innovative business solutions. Through access to our firm's online portal and technical SMSF services, SMSF administrators, accountants and trustees are able to meet their SMSF administration and reporting requirements. We ensure you get most up to date real time access to your SMSF data in order to make timely decisions as well fulfilling compliance and reporting requirements.
We employ a successful team of CPA's and CA's who are SMSF Specialists especially trained to value the needs and preferences of each customer. Clients’ satisfaction is of the highest priority. This is the goal that we pursue. Just try our services once and we guarantee that you will satisfied with our expertise.
Delivering solutions that drive business results
We have a team of SMSF Specialists led by two partners with combined experience in SMSF space of over 100 years. We are technology driven and are capable to handle SMSF administration and advice for several thousand SMSF in one year. We have created a cross-border business model by pursuing innovative online solutions to help Australian SMSF administrators, accountants and Trustees.
Benefits
Real Time Access
Our systems provide you real time access to the information as well as keeping you up to date on the critical financial and reporting information about your SMSF
More...SMSF Support
Leveraging on our experienced and knowledgeable team of tax advisers, you can rely on our expert support team with your most pressing queries. We are there to help you at every step of the way. We develop strategies so that your SMSF is more effective.
More...Trusted Advisers
Our advisers are one of the most experienced in the SMSF space with over 25 years of relevant experience.
More...Superior Documentation
You will have access to admin documents including Actuarial Certificates, Commencement of Pension documents etc for No additional
More...Prepare SMSF Accounts and Income Tax Returns
This is the only thing we do - hence have to do it well.
More...Provide SMSF Strategic Advice
We are a specialist SMSF admin firm and the principles hold a Limited AFSL license in SMSF
More...Set Up SMSF
Over the last 14 years, we have set up over a large number of SMSF's. Perhaps over 10% of funds in Australia use our deed including those funds who have updated their funds deed to ours
More...Takeover Previous Years work
Many a times, you are busy with your accounting work or if you are a financial planner, this is not your business,. We are here to assist in completing all prior years outstanding returns.
More...FAQ
It is very easy to establish a new SMSF on our website. Please go to the link www.discountsmsfadmin.com.au/newsmsf to start the process.