Running a self-managed super fund (SMSF)

Reporting transfer balance cap events

An SMSF must report certain events that affect a member's transfer balance.

Use the super Transfer balance account report (TBAR) to advise the ATO:

a transfer balance account event has occurred
when responding to a commutation authority notice that has been issued to your SMSF
if you are correcting information about a transfer balance account event you have previously reported.

What is an SMSF?

3 mins

What is an SMSF?	0%
The SMSF lifecycle	0%
Who is responsible?	0%
What you can’t do with an SMSF	0%

Your obligations when running an SMSF

1 mins

Your obligations when running an SMSF	0%

Contributions and rollovers

1 mins

Contributions and rollovers	0%

Contributions

6 mins

Contributions	0%
Contributions you can accept	0%
Types of contributions	0%
Recording your member's tax file number (TFN)	0%
Contributions – tax implications	0%
Concessional contributions	0%
Non-concessional contributions	0%
Member deductions for personal super contributions	0%

Rollovers

6 mins

Rollovers	0%
Rollovers into your SMSF	0%
Rollovers out of your SMSF	0%

Managing your fund’s investments

36 mins

Managing your fund’s investments	0%
Sole purpose test	0%
Your fund’s investment strategy	0%
Reviewing your investment strategy	0%
Activity	0%
Ownership of your fund’s assets	0%
Activity	0%
Activity	0%
Investment restrictions	0%
Loans and early access	0%
In-house assets	0%
Activity	0%
Activity	0%
Acquiring assets from related parties	0%
Activity	0%
Activity	0%
Collectables and personal use assets	0%
Activity	0%
Borrowing	0%
Activity	0%
Activity	0%
Carrying on a business in an SMSF	0%

Paying super benefits

8 mins

Preservation of super	0%
Paying super benefits	0%
When can a member legally access their super?	0%
Activity	0%
Can a member access super early?	0%

Types of benefits

18 mins

Types of benefits	0%
Lump sum	0%
Account-based income stream (pension)	0%
Requirements for account-based pensions	0%
Transition to retirement income stream	0%
Minimum pension standards	0%
Death benefits	0%
Death benefit nomination	0%
Death benefits and dependants	0%
Calculating tax on super death benefits	0%
Activity	0%
Death benefits and timing	0%
Activity	0%
Activity	0%
Activity	0%
Activity	0%

Reporting and administration

1 mins

Reporting and administrative obligations	0%

Understand how your fund is taxed

5 mins

Tax on income	0%
Assessable income	0%
Exempt current pension income	0%
Capital gains	0%
Non-arm’s length income	0%

Value your fund’s assets and prepare financial statements

2 mins

Value your fund’s assets	0%
When to carry out a valuation	0%
Who can carry out a valuation	0%
Evidence of valuations	0%

Arrange and receive an SMSF audit

7 mins

Arrange and receive an SMSF audit	0%
The audit process	0%
When an issue is found during an audit	0%
Activity	0%
Activity	0%

Lodge your SMSF annual return (SAR)

4 mins

Lodge your SMSF annual return (SAR)	0%
Include your ABN	0%
Funds without assets	0%
Lodgment due dates	0%
Supervisory levy	0%
Activity	0%

PAYG withholding obligations

4 mins

PAYG withholding obligations	0%
When tax is withheld	0%
Providing information to the recipient of the benefit	0%
When tax is not withheld	0%
Activity	0%

Reporting transfer balance cap events

3 mins

Reporting transfer balance cap events	0%
What you need to report	0%
When you need to report	0%

Record-keeping requirements

2 mins

Keeping good records	0%
Keep accurate records	0%

Notify the ATO and ASIC of changes

2 mins

Keep your fund details up to date	0%
Notify the ATO and ASIC of changes	0%

Consider professional advice

2 mins

How a professional can help you	0%
Activity	0%

Help and more information

3 mins

How your SMSF is regulated	0%
ATO	0%
ASIC	0%
SMSF support services	0%
Phoning the ATO	0%
Activity	0%

Related courses

1 mins

Related courses	0%

Course Feedback

Course Feedback	0%