Guide to self-managed superannuation funds

Reporting, record keeping and administration

As a trustee of your SMSF, you need to:

• appoint an approved auditor to audit your SMSF
• lodge your SMSF annual return each year by the due date, providing all the information required and paying the supervisory levy
• lodge an accurate Rollover benefits statement (NAT 70944) when rolling benefits into other funds
• keep comprehensive records
• minutes outlining investment decisions and how decisions are made
• the transactions of your SMSF
• reasons for decisions on the storage of collectables and personal use assets
• annual operating statements and annual statements of your SMSF's financial position
• who the trustees of your SMSF are and their consent to act as trustees (trustee declarations)
• copies of returns and information provided to members
• required income tax and deduction documentation (including any actuary certificates)
• notify us of any change of details for the SMSF - for example, a change in trustee or members.

	For more information, refer to Running a self-managed super fund (NAT 11032).
	Self-managed super funds - home

Sections within Reporting, record keeping and administration

• Appoint an approved auditor
• SMSF annual return
• Rollover benefits statement
• Record-keeping requirements
• Notifying us if there is a change