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Hi, the first year exemption was around since the beginning and...

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mike68

11,875 Posts.

27/05/18

20:07

Post #: 33327503
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Originally posted by Fangk ↑

One more question. Esuperfund offers first year Annual Fee exemption. Has this always been like that? Or just because now we are approaching the end of financial year? I am applying now and it's unlikely to complete the establishment by the end of 30 June, considering the lead time of application processing and fund rollover, the exemption of annual fee for financial year 2017-18, which is stated in my application, makes no sense.

So I want to know, if this 1st year exemption is always the case, it looks like I should postpone the application a bit later to benefit from it. Otherwise if no 1st year exemption in early of a financial year, there is no point to wait.

TA

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Hi, the first year exemption was around since the beginning and I doubt you can defer it

I gave up doing a SMSF, the fees and time commitment wasn't for me

They do answer email questions, it took a few days for them to respond when i was a member about 5 years ago
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