Show download pdf controls
  • SMSF supervisory levy

    Self-managed super funds (SMSFs) have to pay the SMSF supervisory levy annually. The levy has been $259 since the 2014–15 financial year and remains the same for the 2020–21 financial year. All dollar values are rounded to the whole dollar.

    On this page:

    Continuing fund payments

    If your fund is continuing, you must pay your supervisory levy in advance of the next financial year. The amount payable will depend on if you are newly registered or not. If you are:

    • not a newly registered SMSF, your amount payable will be $259 which goes towards the next financial year. For example, if you are lodging for the 2019–20 financial year, the payment will cover the 2020–21 financial year.
    • a newly registered SMSF, your amount payable will be $518 which covers the current financial year and the following one. For example, if you are lodging for the 2019–20 financial year, the payment will cover the 2019–20 and 2020–21 financial years.

    Winding-up fund payments

    If your fund is winding-up, you may not be required to pay a supervisory levy if you paid it in the previous financial year. If you are:

    • not a newly registered SMSF, you are not required to pay the levy as you already paid for the current financial year.
    • a newly registered SMSF, the amount payable will be $259 to cover the current financial year.

    Special arrangements for payments in the 2012–13 or the 2013–14 financial years

    If you are lodging for the 2012–13 or the 2013–14 financial years, there were additional levy payments you needed to make to reflect a change to the timing of the SMSF levy collection. You can find the levy information for these years in the tables below.

    Table 1: SMSF annual return – continuing fund payments

    Financial year

    Not newly registered
    levy payable
    ($)

    Not newly registered
    year of levy

    Newly registered
    levy payable
    ($)

    Newly registered
    year of levy

    2013–14

    129 + 259 = 388

    50% of 2014 + 100% of 2015

    259 + 259 = 518

    2014 + 2015

    2012–13

    191 + 130 = 321

    100% of 2013 + 50% of 2014

    191 + 130 = 321

    100% of 2013 + 50% of 2014

    Table 2: SMSF annual return – winding-up fund

    Financial year

    Not newly registered
    levy payable
    ($)

    Not newly registered
    year of levy

    Newly registered
    levy payable
    ($)

    Newly registered
    year of levy

    2013–14

    129

    50% of 2014

    259

    2014 only

    2012–13

    191

    2013 only

    191

    2013 only

    See also:

    Last modified: 25 Sep 2020QC 35359