Everything your fund needs each year, and nothing it doesn't.
We do the accounting and the compliance. We never sell you a product or tell you what to hold.
- Chartered Accountants
- Registered tax agent
- Independent audit included
The annual cycle
Accounts and statements
Financial statements, member statements and the investment reconciliation, prepared in Simple Fund 360 with bank and broker data feeds.
Independent audit
Arranged every year with a separate registered SMSF auditor. We answer the audit queries so they do not land on you.
Annual return
The SMSF annual return prepared and lodged with the ATO, to the due date rather than the week before it.
Work that comes up along the way
Pensions
When a member starts a pension we prepare the paperwork, the actuarial certificate where one is needed, and the minimum payment calculations each year.
Property and borrowing
We handle LRBA compliance and bare trust documents, and the annual treatment of a property held inside the fund.
Establishment
We set the fund up once you have decided, or on your adviser's instruction: the trust deed, the corporate trustee, the ATO registrations and the first year's structure.
Bringing a fund up to date
Overdue years are common. We quote the catch-up work separately and get the fund current with the ATO.
Where we stop
Cake SMSF holds no Australian financial services licence and intends to stay unlicensed. That is a deliberate boundary, and it is what makes us safe for an adviser to refer to.
| We do this | We never do this |
|---|---|
| Handle your SMSF's accounts, audit and tax return | Tell you to take control of your super |
| Explain how contribution caps work | Tell you how much to contribute |
| Prepare the paperwork when you start a pension | Tell you a pension will save you tax |
| Set the fund up once you have decided | Tell you whether an SMSF is right for you |
| Handle LRBA compliance and bare trust documents | Recommend buying property with your super |
| Work alongside your financial adviser | Compete with your adviser for the relationship |
Thinking about changing SMSF accountants?
Get the SMSF Switch Checklist. It sets out the steps, the documents and the timing, so you can change accountants without missing a lodgement.
Your fund should never be an afterthought.
Book a 15-minute call. We'll tell you what your fund costs to run with us, before you commit to anything.