Winding up a self-managed super fund (SMSF)

Complete your reporting and lodgment obligations

Before you lodge your final annual return and wind up your SMSF make sure you have finalised any other outstanding tax and compliance obligations.

The easiest way to report to the ATO is through:

Online services for business
your registered SMSF professional, or
standard business reporting (SBR) enabled software if you have it.

Otherwise, you can find paper forms on ato.gov.au

When should I wind up my SMSF?

3 mins

When should I wind up my SMSF?	0%

Have a plan for when to wind up your SMSF

2 mins

Have a plan for when to wind up your SMSF	0%

Prepare an exit plan

2 mins

Prepare an exit plan	0%
What to include in the exit plan?	0%
Regularly review the exit plan	0%

How to wind up an SMSF

1 mins

Importance of winding up correctly	0%
Tasks to wind up an SMSF	0%

Check your trust deed

1 mins

Check your trust deed	0%

Get written agreement

1 mins

Get written agreement	0%

Sell or dispose of your fund’s assets

1 mins

Sell or dispose of your fund’s assets	0%

Finalise outstanding tax and compliance obligations

3 mins

Complete your reporting and lodgment obligations	0%
Key reporting and lodgment obligations	0%
Finalise compliance obligations	0%

Pay outstanding expenses and tax liabilities

1 mins

Pay outstanding expenses and tax liabilities	0%

Calculate and distribute member benefits

5 mins

Calculate and distribute member benefits	0%
Calculate member benefits	0%
Paying benefits to a member	0%
Paying benefits to someone other than a member	0%
Rolling over benefits	0%
Rollovers and Transfer balance account reporting	0%
Activity	0%

Complete a final audit

1 mins

Complete a final audit	0%

Lodge your final SMSF annual return (SAR)

1 mins

Lodge your final SMSF annual return (SAR)	0%

Notify third parties

1 mins

Notify third parties	0%

Close your SMSF bank account

1 mins

Close your SMSF bank account	0%

Keeping SMSF records

2 mins

Keeping SMSF records	0%

Consider professional advice

2 mins

How a professional can help you	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%