Rates & fees

Fee type
Amount (inc. GST)
Info
Set up new SMSF (one-off establishment fee)
$550
Includes application for SMSF Australian Business Number (ABN), Tax File Number (TFN), and election to be a regulated fund
Set up new SMSF – trust deed (one-off fee)
$350
  
Set up new SMSF – company (one-off fee)
$900
Establish a company to act as a corporate trustee - optional
Transfer administration of an SMSF (one-off fee)
$250
Includes trust deed replacement on request
Transfer SMSF admin – update accounts (one-off fee) 
$185 (per month)
Update current financial year accounts
Transfer SMSF admin – prior year documents (one-off fee)
$1,795 (for each year outstanding)
Prepare prior year accounts and tax returns 
Admin fee - debited in monthly instalments (on-going fee)
$1,995 (annual)

or

$2,495 (annual)
Fund only holds CommBank products with a data feed2

Fund holds mix of CommBank and non-CommBank products with a data feed
Additional fee – debited in monthly instalments (on-going fee)
$295 per asset (annual)
For manual input of valuations and transactions if there’s no data feed
Audit fee - debited in monthly instalments (on-going fee)
$495 (annual)
  

Things you should know

To be eligible for discounted brokerage you’re required to trade online, be CHESS sponsored and have your SMSF CDIA linked for settlement.

Includes SMSF CDIA, CommSec Share Trading Account, Term Deposit

Commonwealth SMSF (the ‘Administration Service’) is a service by Commonwealth Securities Limited (‘CommSec’ or ‘we’) ABN 60 067 254 399 AFSL 238814, a member, of the Commonwealth Bank Group to set up and administer self managed super funds. CommSec has engaged SuperIQ Pty ABN 27 147 105 164 AFSL 506690 to provide the Administration Service.

This information isn’t advice and has been prepared without taking account of your personal needs, financial and taxation situation or objectives. Before acting on the information you should consider whether the Administration Service is appropriate for you. We recommend that you read the Commonwealth SMSF Administration Services Guide and consider seeking professional advice before making a decision. This guide consists of general information and Terms and Conditions. In respect of any financial products or financial services offered through the Administration Service, we recommend that you read the disclosure documents for those financial products or financial services.