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You need to notify the ATO within 28 days if there are any changes to your fund.
This includes changes in:
- trustees
- directors of the corporate trustee
- members
- contact details (contact person, phone, email address and fax numbers)
- address (postal, registered or address for service of fund notices)
- fund status.
Those with a corporate trustee structure must also inform ASIC.
You can update the above details of your SMSF:
- online through the Australian Business Register at abr.gov.au
- through a registered agent
- by phone 13 10 20 – you must be the authorised contact for your SMSF.
You can update your fund's financial institution account details, tax refund account or electronic service address (ESA) using one of the following methods:
- through Online services for business
- by contacting your tax agent
- by contacting the ATO.
Last modified: 15 May 2024
Setting up a self-managed super fund (SMSF)
Steps | Progress | |||||||||||||||||||||||
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What is an SMSF? |
3 mins | |||||||||||||||||||||||
Is an SMSF right for you? |
6 mins | |||||||||||||||||||||||
Setting up an SMSF |
1 mins | |||||||||||||||||||||||
Choose an SMSF trustee structure |
4 mins | |||||||||||||||||||||||
Appoint trustees |
6 mins | |||||||||||||||||||||||
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Check your SMSF is an Australian super fund |
2 mins | |||||||||||||||||||||||
Create a trust deed |
2 mins | |||||||||||||||||||||||
Hold assets |
2 mins | |||||||||||||||||||||||
Register your SMSF |
3 mins | |||||||||||||||||||||||
Set up a bank account |
2 mins | |||||||||||||||||||||||
Get an electronic service address |
1 mins | |||||||||||||||||||||||
Create an investment strategy |
2 mins | |||||||||||||||||||||||
Plan for the future |
1 mins | |||||||||||||||||||||||
Prepare an exit plan |
2 mins | |||||||||||||||||||||||
Record-keeping requirements |
2 mins | |||||||||||||||||||||||
Notify the ATO and ASIC of changes |
2 mins | |||||||||||||||||||||||
Consider professional advice |
2 mins | |||||||||||||||||||||||
Help and more information |
3 mins | |||||||||||||||||||||||
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Related courses |
1 mins | |||||||||||||||||||||||
Course Feedback |
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