• SMSF supervisory levy - 2013 to 2017 financial years

    The following tables show the amounts SMSFs will have to pay under the new SMSF supervisory levy payment arrangements for the 2012-13 to 2016-17 financial years.

    SMSF annual return

    Continuing fund

     

    Not newly registered

    Newly registered1

     

    Levy payable

    Year of levy

    Levy payable

    Year of levy

    2013

    $191
    +$130
    =$321

    100% of 2013
    +50% of 20142

    $191
    +$130
    =$321

    100% of 2013
    +50% of 2014

    2014

    $129
    +$259
    =$388

    50% of 20143
    +100% of 2015

    $259
    +$259
    = $518

    2014
    +2015

    2015

    $259

    2016 only

    $259
    +$259
    =$518

    2015
    +2016

    2016

    $259

    2017 only

    $259
    +$259
    =$518

    2016+
    2017

    2017

    $259

    2018 only

    $259
    +$259
    =$518

    2017+
    2018

    SMSF annual return

    Winding-up fund

     

    Not newly registered

    Newly registered

     

    Levy payable

    Year of levy

    Levy payable

    Year of levy

    2013

    $191

    2013 only

    $191

    2013 only

    2014

    $129

    50% of 2014

    $259

    2014 only

    2015

    Nil

    N/A

    $259

    2015 only

    2016

    Nil

    N/A

    $259

    2016 only

    2017

    Nil

    N/A

    $259

    2017 only

    For more detailed information, refer to:

    the SMSF supervisory levy fact sheet

    Superannuation (Self Managed Superannuation Funds) Supervisory Levy Imposition Amendment Regulation 2013 (No.1)External Link on the ComLaw website

    Footnotes

    1 Apply the appropriate levy below if the SMSF's annual return for that year is the fund's first return. For subsequent years, apply the levy for 'not newly registered' funds.

    2 Rounded up to whole dollar.

    3 Rounded down to whole dollar.

    Last modified: 05 Aug 2016QC 35359