Self-managed Superannuation Funds (SMSF)

SMSF supervisory levy

Information about the amount funds will have to pay under the SMSF supervisory levy payment arrangements.

Self-managed super funds

Like other superannuation (super) funds, self-managed super funds (SMSFs) are a way of saving for your retirement. The difference between an SMSF and other types of funds is, generally, that members of an SMSF are the trustees. This means the members of the SMSF run it for their own benefit.

Setting up

Your SMSF needs to be set up correctly so that it's eligible for tax concessions, can receive contributions and is as easy as possible to administer.

Tax on income

The income of your SMSF is generally taxed at a concessional rate of 15%. To be entitled to this rate, your fund has to be a ‘complying fund’ that follows the laws and rules for SMSFs. For a non-complying fund the rate is the highest marginal tax rate.

Thinking about self-managed super

What to consider when deciding if a self-managed super fund (SMSF) is right for you

Winding up

How to wind up your SMSF, including dealing with members' benefits and finalising your reporting responsibilities.