Run your own super fund — with full ATO compliance and the accounting support you need.
Self-Managed Super Funds (SMSFs) offer powerful investment control and tax advantages, but require strict compliance with ATO regulations. TXAS provides complete SMSF accounting, tax return preparation, and audit-ready documentation for fund trustees across Australia.
Key Benefits
Investment Control
Direct control over how your super is invested — property, shares, cash, and more.
ATO Compliance
SMSF regulations are strict. We keep your fund’s records and lodgements in order each year, ready for the independent SMSF audit.
Tax Efficiency
Earnings in super are generally taxed at a concessional 15%. Whether an SMSF suits you is a financial advice question for a licensed adviser; we handle the tax and compliance side.
What’s Included
Full year bookkeeping for the fund — all contributions, earnings, and expenses recorded.
SMSF annual tax return and regulatory return prepared and lodged with the ATO.
All documentation prepared to meet the requirements of your independent SMSF auditor.
Member statements, trustee minutes, and a record of the trustees’ own investment strategy maintained.
Our Process
Ready to get started?
Book a free consultation with our Melbourne accounting team — no obligation.
SMSF Services — Frequently Asked Questions
What is an SMSF and how does it work?
A Self-Managed Super Fund (SMSF) is a private superannuation fund that you control and manage yourself as trustee. SMSFs allow direct investment in assets such as property, shares, and cash, within strict ATO regulations and superannuation contribution limits.
What are the annual compliance requirements for an SMSF?
Every SMSF must lodge an annual SMSF tax return and regulatory return with the ATO, undergo an independent audit by a registered SMSF auditor, and maintain trustee minutes, member statements, and an investment strategy document. TXAS manages all these compliance requirements on your behalf.
What is the tax rate inside an SMSF?
Investment income earned inside an SMSF is taxed at a concessional rate of 15%. Capital gains on assets held longer than 12 months are taxed at 10%. Earnings on assets supporting retirement-phase pensions can be tax-free, within the transfer balance cap.
Can TXAS help set up a new SMSF in Australia?
Yes. Once you have decided to set up an SMSF (with licensed financial advice where needed), TXAS assists with trust deed preparation and ATO registration, and works with your adviser on rolling over existing super. We also provide ongoing annual accounting, SMSF tax return preparation, and audit-ready documentation every year.
SMSF (Self-Managed Super Fund) FAQs
What is an SMSF in Australia?
A Self-Managed Super Fund (SMSF) is a private superannuation fund that individuals manage themselves as trustees for retirement savings and investment purposes. SMSFs are regulated by the Australian Taxation Office (ATO).
What are the benefits of having an SMSF?
SMSFs may provide greater control over investment choices, flexible retirement planning options, and access to a broader range of investment assets depending on individual circumstances and compliance requirements.
What investments can an SMSF hold?
SMSFs may invest in assets such as Australian and international shares, property, term deposits, managed funds, ETFs, and other permitted investments under superannuation legislation.
Can TXAS help set up an SMSF?
Yes, TX Accountants and Services (TXAS) assists eligible clients with SMSF establishment, including trust deed setup, ABN and TFN registration, ATO registration, and compliance documentation.
Are SMSFs regulated in Australia?
Yes, SMSFs are regulated under Australian superannuation laws including the Superannuation Industry (Supervision) Act 1993 and are monitored by the Australian Taxation Office.
Does an SMSF need to be audited every year?
Yes, SMSFs are generally required to undergo an independent annual audit to review compliance and financial reporting obligations before lodging annual returns with the ATO.
Can an SMSF purchase property?
SMSFs may invest in residential or commercial property subject to superannuation legislation, investment strategy requirements, and borrowing restrictions where applicable.
What is an SMSF investment strategy?
An SMSF investment strategy outlines the fund’s investment objectives, risk considerations, diversification approach, liquidity planning, and retirement goals in accordance with legal requirements.
Can TXAS manage SMSF accounting and tax compliance?
Yes, TXAS provides SMSF accounting, annual financial statement preparation, tax return lodgement, bookkeeping, compliance reviews, and audit coordination services for SMSFs across Australia.
How can I arrange an SMSF consultation with TXAS?
You can contact TX Accountants and Services (TXAS) to arrange an SMSF consultation and discuss fund setup, administration, compliance, and retirement planning solutions tailored to your financial goals.
