If your client’s SMSF is non-compliant with outstanding tax returns, their fund may already be flagged as delinquent with the ATO. The SMSF Accountant specialises in bringing funds back into compliance quickly and efficiently.
A specialist SMSF non-compliance service, on call when you need us
Think of us as your dedicated SMSF specialist, ready to step in whenever your clients need expert help. Whether you have one fund to bring up to date or several, we’re here to take this off your plate and get your clients’ superannuation back on track as quickly as possible.
SMSF non-compliance doesn’t resolve itself. The sooner action is taken, the better the outcome for your client – and the easier the process of getting back on track.
Looking for bulk rates?
Find out about our SMSF outsourced accountant package.
The consequences of SMSF non-compliance
When a fund falls behind on its compliance obligations, the ATO may change its status on Super Fund Lookup from “Complying” to “Regulation Details Removed.” This has serious consequences. Employers are unable to make contributions into the fund and rollovers to or from the fund may also be blocked. For your clients, this means their superannuation is effectively frozen until compliance is restored.
Need to know the latest SMSF news?
View our articles about all things SMSF.
Get your clients’ Self Managed Super Funds back on track
The SMSF Accountant has extensive experience in resolving SMSF non-compliance and bringing funds up to date. We work closely with your firm to obtain all required financial data, prepare outstanding financial statements and tax returns, and liaise with the ATO to restore the fund’s complying status. We’ve done this many times before and we know exactly what it takes to get the job done efficiently.
Looking for SMSF advice?
Call Diana for an initial free SMSF consultation.
We can also handle SuperStream rollovers, liaise with the ATO, and provide specialist advice on contributions, pension strategies and Personal Transfer Balance Caps – whatever your clients need.
