SUPERANNUATION FUND TAX RETURN CHECKLIST

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    Information
    Provided

    Not
    Applicable

    Investment strategy (most recent) and minutes.

    Information ProvidedNot Applicable

    For first year audits

    Prior year financial statements, audit report (signed) and tax return.

    Information ProvidedNot Applicable

    Copy of trust deed.

    Information ProvidedNot Applicable

    If trustees have changed

    If new members/trustees were appointed during the year, copies of application forms and consents to act as trustee.

    Information ProvidedNot Applicable

    ATO trustee declarations (NAT 71089) dated within 21 days of appointment.

    Information ProvidedNot Applicable

    Bank account statements and term deposits

    Complete financial year bank statements and term deposit certificates for the year.

    Information ProvidedNot Applicable

    If the fund holds commercial or residential property

    Rental/lease agreement.

    Information ProvidedNot Applicable

    Most recent valuation of the property.

    Information ProvidedNot Applicable

    Property-related expenses/invoices.

    Information ProvidedNot Applicable

    Certificate of Insurance.

    Information ProvidedNot Applicable

    External property management statements.

    Information ProvidedNot Applicable

    Settlement statement and contract (for purchase or sale).

    Information ProvidedNot Applicable

    If the fund holds listed shares or managed funds

    Dividend or distribution statements.

    Information ProvidedNot Applicable

    CHESS or holding statements.

    Information ProvidedNot Applicable

    Contract notes (buy and sell).

    Information ProvidedNot Applicable

    Annual tax summary (for managed trusts).

    Information ProvidedNot Applicable

    Trust transaction and year-end statements.

    Information ProvidedNot Applicable

    Broker transaction statements and portfolio statements.

    Information ProvidedNot Applicable

    Documentation to confirm shares or units held at year end and any movements (share/unit certificates).

    Information ProvidedNot Applicable

    If fund uses a portfolio/wrap service, a copy of the type 2 report (audit report) attached to the provider documentation.

    Information ProvidedNot Applicable

    If the fund holds shares or units in private companies or trusts

    Dividend or distribution statements.

    Information ProvidedNot Applicable

    Financial statements of the private entity (if available).

    Information ProvidedNot Applicable

    Income tax return of the private entity (if available).

    Information ProvidedNot Applicable

    Details of underlying assets (e.g. address of property, to enable a search to be conducted).

    Information ProvidedNot Applicable

    If the fund holds mortgage loans, debentures or interest securities

    Income/interest statements.

    Information ProvidedNot Applicable

    Documentation to support loan balance (e.g. mortgage/loan agreement/annual statements).

    Information ProvidedNot Applicable

    Documentation to support movement in loan balances, debentures or interest securities.

    Information ProvidedNot Applicable

    If the fund holds other assets (e.g. collectables or exotic assets)

    Documentation to support income earned.

    Information ProvidedNot Applicable

    Documentation to support asset ownership.

    Information ProvidedNot Applicable

    Documentation to support asset valuation.

    Information ProvidedNot Applicable

    Copies of insurance policies covering assets held.

    Information ProvidedNot Applicable

    Copies of lease / storage agreements and trustee minutes agreeing to the lease or regarding the decision on how and where to store the asset.

    Information ProvidedNot Applicable

    Contributions and rollovers

    Employer statements as to contributions made (or, if a related employer, copies of employer financial reports/trial balance).

    Information ProvidedNot Applicable

    Details of member contributions.

    Information ProvidedNot Applicable

    Deduction for personal superannuation contribution forms (NAT 71121).

    Information ProvidedNot Applicable

    Documentation to support in specie contributions (e.g. copies of off-market share transfers and valuation documentation).

    Information ProvidedNot Applicable

    Rollover statements, for funds rolled into the fund.

    Information ProvidedNot Applicable

    Details of any fund expenses or fund tax that may have been paid for personally by you or another member.

    Information ProvidedNot Applicable

    Expenses

    Invoices for accounting and audit fees.

    Information ProvidedNot Applicable

    Invoices from financial advisors.

    Information ProvidedNot Applicable

    Insurance premium notices, copies of insurance policies & confirmation of policy owner.

    Information ProvidedNot Applicable

    Excess contributions assessments or surcharge notice (from the ATO).

    Information ProvidedNot Applicable

    Invoices for legal fees.

    Information ProvidedNot Applicable

    Invoices to support any other expenses.

    Information ProvidedNot Applicable

    Benefit payments/pensions

    Minutes or documentation to support pension payments

    Information ProvidedNot Applicable

    Documentation to support the commencement or commutation of pension accounts

    Information ProvidedNot Applicable

    Details of asset segregation (if a segregated fund).

    Information ProvidedNot Applicable

    Limited Recourse Borrowing Arrangements (LRBA’s)

    Details of the Trustee (copy of ASIC statement for Corporate Trustee).

    Information ProvidedNot Applicable

    Copy of Bare Trust Deed (Stamped).

    Information ProvidedNot Applicable

    Copy of loan statements for the full financial year.

    Information ProvidedNot Applicable

    Copy of the loan contract.

    Information ProvidedNot Applicable

    COVID-19

    Rent Relief Documentation, including written agreements and correspondence between landlord and the tenant.

    Information ProvidedNot Applicable