Services
SMSF SERVICES
We offer two options of SMSF administration to suit all funds investments and needs – regardless of fund size and business type.
Standard Digital Service ( Bank Accounts + Listed Shares)
Overview
Designed for funds where the bank and investment transactions are 100% data fed into the SMSF accounting/administration system (either Class or BGL360) from an approved investment choice menu.
Fee: $900 - $1200 + GST
- Features
- No limit on number of bank accounts or investments so long as through an approved data feed
- Very attractive pricing model where funds comply 100% with all transactions at all times being data feeded
- The fund’s data is updated from the data feeds daily or as received by the providers
- Daily updating of ASX listed investments
- No additional fees for pension administration (conditions apply - please refer to Fees tab)
Premium Service (Bank Accounts + Shares + Properties + Borrowing )
Overview
Designed for more complex funds that require monthly bank reconciliation and compliance oversight.
Fee: $1500 - $2000 + GST
- Features
- For funds that have heavy monthly turnover or traded assets
- Investment data updated daily or as received where data feeds can be established
- Daily updating of ASX listed investments
- No additional fees for pension administration (conditions apply - please refer to Fees tab)
End of Year – SMSF Accounting Service
Overview
Designed for Accountants wishing to have SMSF administration done anonymously.
- Features
- Dedicated Client Relationship Manager
- White label - financials badged with Accountants logo
- No contact with Trustees
- Audit can be arranged if required
- We will match your current accounting tax settings
- Ideal for emergency administration where you have lost key staff and need immediate assistance
- We can be your ‘overflow administrator’ where you have too many funds to finish in a short time
ASSOCIATED SMSF SERVICES
Deed Services
Connect SMSF partners with an expert Australian provider of SMSF legal documents and deeds. All documents undergo rigorous scrutiny, including peer review, before they are shared.
SMSF Taxation Services
Connect SMSF has a team of specialists who can handle all tax-related services for any fund.
To ensure ongoing compliance, a dedicated taxation portal is used to manage the timing and requirements of all tax-related duties. These services are provided on a marginal basis, and there is a flat fee for annual fund lodgement that is already included in the administration fees.
Here are the services that are available to clients and their funds:
Technical Support
We offer technical support to help clients with any technical issues related to Self-Managed Super Funds (SMSFs). You can receive technical advice by phone or email and most of the advice is given on the same day. For more complex issues, technical advice is provided within a timeframe of 2-4 days and confirmed in writing.
General technical advice is provided free of charge, but if the technical issue requires complex solutions, we will provide an estimate of the cost and any external costs involved for transparency with the client.
Client Reporting
The Annual Accounts pack contains a wide range of reports. In addition, an interactive Dashboard is offered at both the Adviser and Fund levels that provides extensive data analytics, a document vault, alerts, and reporting which is constantly available.
INVESTMENT TRUST ACCOUNTING SERVICES
Connect SMSF utilizes Mint Super Audits as its accounting service provider, specifically for investment trust accounting services such as:
We offer accounting services that can be provided in collaboration with a client’s accountant or separately, and can be for an SMSF or other types of entities.
Features of the Trust Services
- Quarterly or annual reconciliation provided
- Daily data feeds from participating banks and investment managers will be established to enhance the efficiency of the accounting services
- Central Dashboard displaying key accounting data for clients who select the quarterly reconciliation model
Additional Services available
- Trust establishment
- Deed updates
- ATO audits
- PAYG calculations and lodgement
- ASIC services
Fees
After gaining a complete understanding of your needs, we will provide you with a fixed fee range that includes both a minimum and maximum amount. This will give you a clear idea of the costs and expectations of our services.