Winding Up an SMSF will incur the following fees:
- SMSF Administration Fees from 1 July of the financial year through to the month the SMSF is wound up (Essentials - $95/m or Plus - $135/m)
- Independent Audit Fee for the financial year the SMSF is wound up ($480)
- Additional SMSF Wind Up Fee ($715)
In addition, where the SMSF has a special purpose trustee company that also needs to be closed, there is a company de-registration fee payable to ASIC. The voluntary company de-registration fee (from 1 July 2020) is $42.
Intello fees to wind up an SMSF
Winding up an SMSF that falls into the Essentials pricing category will incur the following fees from Intello:
Winding up an SMSF that falls into the Plus pricing category will incur the following fees from Intello:
Notes:
- SMSF is considered inactive when it has $0 assets and the bank account(s) of the SMSF have been closed.
- To minimise the cost of winding up an SMSF, we recommend closing the fund as close to 30 June as possible.
- Other fees many be incurred to complete the final accounts and return for the SMSF. Please refer to our fee schedule for additional information.
- All fees should be paid from the SMSFs bank account prior to the fund being wound up.
To request an SMSF that Intello administers be wound up, please contact us for further information and instructions:
Submitting an SMSF Wind Up Request
When you are ready to request a wind up of your clients SMSF, you can submit the wind up request here:
https://intello.com.au/smsf-wind-up-request-form
This form will be migrated to the Intello Portal in the future.
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