I am in process of winding down one SMSF, and open a a new one with E superfund .
It is fairly basic, shares and cash ,nothing fancy.
I am sick of paying thousands of dollars to accountant ,for no fin advice, nor complicated calculations .Very basic,everything in Pension Phase .
Only problem is that i need to lodge a tax return, plus having the current year (of the old SMSF) audited for yr 2011/12 .
How hard is it to lodge a SMSF ,compared with personal tax return?
I understand that Audit is unavoidable.
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I am in process of winding down one SMSF, and open a a new one...
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