You must complete these tasks when winding up an SMSF:

• check your trust deed
• get written agreement
• sell or dispose of your fund’s assets
• finalise outstanding tax and compliance obligations
• pay outstanding expenses and tax liabilities
• calculate and distribute member benefits
• complete a final audit
• lodge your final SMSF annual return (SAR)
• notify third parties, and
• close your SMSF bank account.