SMSF Annual Accounts and Statutory Returns



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Transcription:

SMSF Annual Accunts and Statutry Returns Thank yu fr cnsidering SMSF Wrks t undertake the preparatin f yur fund s statutry accunts. We have attempted t utline the dcumentatin required t cmplete yur fund s annual accunts, audit and self managed superannuatin fund annual return. T assist yu in cllecting the dcumentatin t enable us t cmplete yur fund s annual accunts and statutry reprting we have incrprated an authrisatin frm t be signed and returned t ur ffice t start the prcess. We have als incrprated tw checklists. The first checklist includes infrmatin in relatin t financial statements and returns prepared by yur previus accuntant. The secnd checklist details dcumentatin required t cmplete the financial statements. Infrmatin shuld be frwarded t SMSF Wrks Pty Ltd, Level 4, 157 Spring Street, Melburne, 3000. We wuld prefer if yu culd supply cpies f the required dcumentatin. We will hwever scan the dcumentatin and return the dcumentatin t the Trustees. Shuld yu have any questins in relatin t this matter please d nt hesitate t cntact ur ffice. SMSF Wrks Pty Ltd Level 4, 157 Spring Street, Melburne Vic 3000 phne 03 8602 4100 fax 03 9650 4571 www.smsfwrks.cm.au

TO WHOM IT MAY CONCERN Dear Sir/Madam, (fund name) We advise that we have requested SMSF Wrks Pty Ltd t act as administratr fr ur self managed superannuatin fund. In rder t assist SMSF Wrks Pty Ltd in cmpleting ur financial statements and incme tax returns, we respectfully request that yu furnish SMSF Wrks Pty Ltd with any financial infrmatin r cpy dcuments that may be required by them acting n ur behalf. This authrisatin is given t any financial institutin, stckbrker, advisr and any ther relevant party, engaged by us. This authrisatin is in respect f the year ended 30 June and all subsequent years r until such time that this authrisatin is withdrawn. Fr and n behalf f the Trustee:. (signature) (print name). (signature) (print name) dated: / / dated: / /

Checklist 1 Histric Infrmatin Please prvide the fllwing infrmatin where applicable 1. Trust Deed Please supply a prperly executed cpy f the fund s existing trust deed 2. Member/Trustee Infrmatin Fr each member please prvide the fllwing infrmatin/dcumentatin: Full name Pstal Address Residential Address Date f Birth Date Jined Fund Eligible Service Date Trustee Declaratin (required fr all members/trustees that jined a fund frm 1 st July 2007 nwards) Tax File Number Declaratin Binding Death Benefit Nminatin Last Member Benefit Statement (this dcument shuld include mst f the items listed abve) Minutes/agreements in relatin t any existing pensin accunts 3. Financial Statements & Annual Returns Please prvide cpies f the fllwing dcuments: Last set f financial statements Prir year incme tax return Fund s last audit reprt Actuarial certificate A detailed asset register setting ut the date f acquisitin, cst base, number f units/shares and value fr each asset r parcel f listed securities Level 4, 157 Spring Street, Melburne Vic 3000 phne 03 8602 4100 fax 03 9650 4571 www.smsfwrks.cm.au

Checklist 2 Financial Year Dcumentatin Please prvide the fllwing infrmatin where applicable. 1. Rllver Dcumentatin Please frward a cpy f the Rllver Benefit Statement prvided by yur previus superannuatin fund fr any benefits rlled int yur Self Managed Superfund during the perid 1st July t 30th June f the relevant year. 2. Cntributins Please cmplete the fllwing table and include cntributins depsited t yur superannuatin funds bank accunt during the perid 1st July t 30 th June f the relevant year and all nn-cash cntributins (e.g. ff market transfer f shares) during the perid. Where the fund has received emplyer cntributins we will require details f the emplyers Australian Business Number. If a member is claiming a tax deductin in their persnal incme tax return then the member must als prvide a Ntice f intent t claim r vary a deductin fr persnal super cntributins. A cpy f this frm will be supplied upn cmpletin f yur funds annual accunts. Date Member Name Cntributin Type* (C) Cncessinal (N) Nn Cncessinal Amunt * Cncessinal cntributins are equivalent t either emplyer cntributins r deductible member cntributins. Nn cncessinal cntributins are the equivalent f undeducted cntributins. Level 4, 157 Spring Street, Melburne Vic 3000 phne 03 8602 4100 fax 03 9650 4571 www.smsfwrks.cm.au

3. Pensin Payments, Lump Sum Withdrawals & Rllvers Out Please cmplete the fllwing table nting the type f benefit payment. Where SMSF Wrks has cmpleted the necessary paperwrk t dcument the benefit, n additinal paperwrk is required. SMSF Wrks will prvide the necessary minutes and payment summaries t cnfirm the annual payments. Date Member Name Type f benefit (L) Lump Sum (R) Rllver (P) Pensin Amunt 4. Bank Statements Please prvide a cpy f yur superannuatin fund bank statements fr the perid 1st July t 30 th June f the relevant financial year. T assist with the prcessing f transactins culd yu please prvide a brief descriptin f each transactin. This can be prvided in any frmat but can include an anntatin n the bank statement, a transactin listing r a detailed spreadsheet. 5. Listed Equities Please prvide details f all listed equity transactins fr the perid 1st July t 30 th June f the relevant year. The dcumentatin culd include: alltment ntices applicatin frms fr new flats/issues scrip certificates r CHESS statements brker cntract ntes transactin r cntract nte histry frm yur brker dividend ntices ff market transfer frms tgether with paperwrk supprting the valuatin at the date f transfer details f any dividend reinvestments, share buy backs, bnus shares, rights issues, share purchase plans r any ther capital recnstructins Level 4, 157 Spring Street, Melburne Vic 3000 phne 03 8602 4100 fax 03 9650 4571 www.smsfwrks.cm.au

6. Public Trusts and Prperty Trusts Please prvide dcumentatin t supprt all transactins fr the perid 1st July t 30 th June f the relevant year. The dcumentatin culd include: acknwledgement f new depsits cnfirmatin f withdrawals quarterly distributin/reinvestment ntices annual taxatin statements 7. Prtfli Management Services and Wrap Accunts Where yu fund assets are managed by a brker r financial planner within a wrap accunts culd yu please prvide the fllwing dcumentatin: detailed list f transactins annual taxatin summary fr the relevant year end prtfli valuatin at 30 th June f the relevant year unrealised capital gains reprt at 30 th June f the relevant year annual audit certificate frm the service prvider 8. Prperty Where the fund hlds prperty please prvide the fllwing dcumentatin: certificate f title shwing trustee wnership declaratin f trust r instrument establishing that prperty is held in trust n behalf f the superannuatin fund purchase cntract lease agreement rental receipts invices supprting prperty expenses, maintenance r capital imprvements prperty valuatin 9. Life Insurance Please prvide a cpy f the Annual Life Insurance Statement fr each member. 10. Other Matters Please supply cpies f the fllwing dcumentatin: minutes f trustee meetings dcumented investment strategy f the fund annual cmpany statement (fr crprate trustees) Level 4, 157 Spring Street, Melburne Vic 3000 phne 03 8602 4100 fax 03 9650 4571 www.smsfwrks.cm.au