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As each SMSF is different with different types of investments but for a few investments SMSF you can typically expect to pay $2000 + GST yearly for accounting fee.

Your SMSF is treated same like almost other entities in Australia for the tax return purposes as if it earns income it has to pay tax every year. The tax rate for income in SMSF that is in accumulation phase is 15%.

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SMSF tax return is not same as individual tax return and is not part of the individual tax return. It needs to be lodged separately and is in addition to the personal tax return. SMSF financial year for tax return is from 1 July to 30 June.

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An SMSF Accountant is the one who specialises in superannuation accounting and has the in-depth knowledge of the industry rules and regulations.

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