SMSF Tax Returns & Compliance in Sydney
Managing a self-managed super fund (SMSF) gives you control over your retirement savings, but it also comes with strict compliance obligations. Every year, your SMSF must lodge a tax return with the Australian Taxation Office (ATO) and undergo an independent audit.
At Tax Essentials in Bankstown, our SMSF accountants and tax agents make the process simple, accurate, and stress-free. We specialise in SMSF tax returns and compliance for trustees across Sydney, ensuring your fund meets its obligations while maximising its tax efficiency.
Why Choose Tax Essentials for SMSF Tax Returns?
ATO Compliance Guaranteed – avoid penalties with accurate, timely lodgements
End-to-End SMSF Services – tax returns, financial statements, and audits
Specialist Knowledge – 15+ years managing self-managed super funds
Local Sydney Expertise – trusted accountants serving Bankstown & surrounding suburbs
Transparent Fees – competitive pricing with no hidden costs
1. SMSF Annual Return Lodgement
We prepare and lodge your SMSF annual return with the ATO, covering:
Income earned (contributions, dividends, property rent, interest)
Capital gains and losses
Tax payable or refundable credits
2. SMSF Financial Statements
Accurate, compliant statements prepared yearly, including:
Balance sheet
Member statements
Operating statements
3. SMSF Audit Coordination
All SMSFs must be independently audited. We work closely with ASIC-approved auditors to ensure your fund passes without issues.
4. Investment & Tax Strategy Advice
From property investments to managed funds and shares, we provide:
Tax structuring advice
Contribution strategy optimisation
Pension phase vs accumulation phase planning
5. Ongoing SMSF Compliance Support
We stay on top of all legislative changes to help trustees remain compliant with:
Superannuation Industry (Supervision) Act (SIS Act)
ATO reporting obligations
Contribution caps and withdrawal rules
Why SMSF Compliance is Critical
Failing to meet ATO requirements can result in:
Heavy penalties and fines
SMSF being made non-complying (losing tax concessions)
Delays in member benefits
With Tax Essentials Bankstown, you can trust your SMSF is handled by professionals who understand the complexities of superannuation law and taxation.
Frequently Asked Questions about Self Managed Superfunds
Q: When is the SMSF annual return due?
Most SMSF returns are due by 15 May of the following financial year if lodged through a tax agent.
Q: Can I prepare my own SMSF tax return?
While it’s possible, SMSFs are highly complex and must be independently audited. Engaging a professional ensures compliance and minimises risks.
Q: What records do I need for my SMSF return?
Trustees must provide income statements, bank records, investment reports, and contribution details. We’ll provide you with a clear checklist.
Book a consultation with Tax Essentials Bankstown today
Get peace of mind knowing your SMSF is fully compliant and tax-effective.
- Phone: (02) 9793 1547
- Email: admin@taxessentials.com.au
- Location: 8 66/72 Rickard Rd, Bankstown NSW 2200