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  • U Total Australian and overseas assets

    Write at U the total of A to T (including J but not including J1 to J6).

    If the total of A to T is zero (that is, the SMSF has no assets) write 0 at U.

    An SMSF that has no assets must be wound up. If the SMSF has no assets it must have answered Yes in Section A at 9 Was the fund wound up during the income year?

    Last modified: 19 Feb 2018QC 51269