Z Total liabilities
Work out the SMSF's total liabilities at 30 June 2016. Add up all the liabilities at V to Y. Write the total at Z.
If the SMSF was wound up during 2015–16 (that is, it has no liabilities), write 0 at U.
Z Total liabilities must equal U Total Australian and overseas assets.
Last modified: 12 Aug 2016QC 48236