Annual compliance
Annual SMSF compliance, handled
Every SMSF has yearly reporting and audit obligations. Laterpath’s fixed-fee model is built to take the administrative load of that cycle — while trustees remain responsible for fund decisions.
Core annual work covered
- ✓Annual financial statements (balance sheet and profit & loss)
- ✓Member statements
- ✓Trustee resolutions and minutes for the annual process
- ✓Income tax return preparation and lodgement
- ✓Annual SMSF audit as part of the compliance package
What trustees still own
- •Confirm contributions, rollovers and related-party details when requested
- •Provide investment data where preferred electronic feeds are not used
- •Maintain trustee decision-making and investment strategy responsibility
- •Respond to ATO or auditor queries that require trustee input
Preferred bank and broker data pathways can reduce manual record collection. If you use other providers, you will need to supply annual data in a form suitable for compliance work.
A predictable yearly rhythm
After year-end, information is collected (including via annual checklists where required), accounts and tax materials are prepared, audit is completed, and lodgement workflows are progressed. Exact dates depend on fund readiness and statutory deadlines — early, complete information from trustees helps keep the cycle efficient.