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Z Total liabilities

Last updated 24 March 2021

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.