Administration Service

Working with you to make sure your clients have the right documentation available for their SMSF, at the right time.

The Team at Optima know and understand superannuation. In fact, it’s all we do. Through our experience and specialisation we provide a prompt and efficient outsourcing service for SMSF administration, while also helping your customers comply with relevant rules and regulations.

Not all of the services we include in our administration services are needed by every self managed super fund, but we provide the full range so that if and when any are needed you can rest assured that they will be included in the package without incurring additional fees.

These services include:

  • Provide technical assistance and advice to help you run your fund efficiently and in accordance with the various rules and regulations
  • Monitor your contribution caps
  • Monitor your minimum and maximum pension payments
  • Advise the minimum and maximum pension payments for the next financial year
  • Organise Actuarial Reports to assist with the claiming of Exempt Current Pension Income
  • Provide a fully referenced workpaper file to the auditor to assist with an efficient audit process
  • Calculate the tax payable or refundable to the fund, prepare and electronically lodge the tax return with the Australian Taxation Office
  • Maintain the corporate trustee’s register and act as the registered agent for ASIC purposes, which is one less administrative burden you need to bear
  • Prepare and lodge Pay As You Go (PAYG) statements when applicable
  • Prepare and lodge Business Activity Statements
  • Provide Centrelink schedule when needed.
  • Assist with starting and stopping a pension.
  • Provide a complete set of financial reports which include:
    • Statement of Financial Position (Balance Sheet)
    • Operating Statement (Profit and Loss Statement)
    • Notes to the Financial Statements
    • Trustee’s Declaration
    • Statement of Taxable Income
    • Members’ Statements
    • Members’ Summary Report
    • Trustee Minutes
    • Investment Income Report
    • Investment Movement Report
    • Investment Disposal Report

 

To transfer the administration of a fund to Optima Super click here.