Superannuation Fund Checklist
May
21
Berwick Tax will need you to send/bring information to assist us in preparing your income tax returns for your superannuation fund. Please check the following and bring along bank statements, investments, receipts etc to help us prepare the return.
First Year
- Last Year Financials and Tax Return
- Trust Deed
- Application of Membership (Located in superannuation fund register)
- Consent to act as trustee (Located in superannuation fund register)
Property
Monthly rental statements
Expenses details including where applicable:
- Advertising for tenants
- Body Corporate Fees
- Borrowing expenses
- Cleaning
- Council Rates
- Capital allowance (depreciation report from Quantity Surveyor)
- Gardening/lawn mowing
- Insurances
- Interest on loans
- Land tax
- Legal fees
- Pest control
- Property agent fees/commission
- Repairs and maintenance
- Capital works – special building write off (depreciation report from Quantity Surveyor)
- Stationery, telephone and postage
- Travel expenses
- Water charges
- Sundry rental expenses
Copies of all bank statements showing interest on loans
Copy of Quantity Survey (if applicable)
Investments (Managed and Self Managed)
- Copy of annual statement and detailed report
- Purchase and Sale documents
- Copy of dividend and distribution statements
Contribution
- Statement of contributions made by employer throughout the year
Insurance
Copy of insurance policy indicating the following:
- The policy amount
- Type of insurance
- Amount Insured for
- Whom the insurance is for
Other documentation
- Copy of bank statements
- Copy of invoices and receipts
- Rollover statements
