SMSF Winding up Service
A Streamlined and Professional Approach from SMSF Depot
Navigating the complexities of winding up a Self-Managed Super Fund (SMSF) can be a daunting task, requiring meticulous attention to detail and strict adherence to regulatory requirements. It’s a process fraught with potential pitfalls if not handled correctly. SMSF Depot understands these challenges and offers comprehensive SMSF wind-up services designed to alleviate the burden on trustees. Our expert team provides support through every stage of the wind-up process, from initial planning and documentation to final distribution and reporting, ensuring a smooth, compliant, and stress-free closure. We handle the intricacies so you can focus on what matters most.
Our comprehensive suite of wind-up services includes:
ATO Liaison: Cancelling the SMSF’s Tax File Number (TFN) and Australian Business Number (ABN) with the Australian Taxation Office (ATO).
Financial Reporting: Preparing all outstanding financial reports and tax returns.
Audit Facilitation: Engaging an external auditor to conduct the final audit of your SMSF.
Tax Advice: Advising trustees on any tax liabilities or refunds, as well as associated fees.
Rollover Statements: Preparing rollover statements for transfers to retail or industry super funds, utilizing the Electronic Superannuation Audit (ESA) system where applicable.
Pension Documentation: Preparing all necessary pension documents and Transfer Balance Account Reporting (TBAR) reports if funds are to be paid to members as pension payments.
Final Tax Return and ATO Liaison: Lodging the final tax return and managing all communication with the ATO throughout the wind-up process.
Corporate Trustee Assistance: Assisting with the cancellation of a corporate trustee, if applicable, whether for the SMSF itself or a related bare trust.
Formal Notification: Providing written notification to trustees upon the complete finalization of the wind-up process.
Archiving and Document Retention: Securely archiving all previous tax returns and permanent documents on our servers for 10 years.
Post Wind-Up Document Requests:
Any document requests made after the completion of the wind-up process will be provided free of charge.
SMSF Depot is committed to providing peace of mind during the SMSF wind-up process. Our expertise and attention to detail ensure that all necessary steps are taken to close your SMSF efficiently and compliantly. Contact us today to discuss your SMSF wind-up needs.