Setup Costs

Fee Schedule

The fees and charges at Superannuation Warehouse are simple and low. Efficiency is our watchword. Our fees are one low flat rate, irrespective of your SMSF balance or how many transactions you make.

Our fee schedule:

  • SMSF set-up with individual Trustees – $350
  • SMSF set-up with a Corporate Trustee – $1,300
  • Monthly charge, Basic (Cash investment option) – $49 per month
  • Monthly charge, Advanced (any provider and investment option) – $89 per month
  • Monthly charge, Simple Fund 360 Online Access – $30 per month
  • Corporate Trustee set-up – $950 one-off fee
  • Custodian Trustee set-up – $950 one-off fee
  • Existing SMSF take-on – $475 one-off fee
  • Trust Deed update – $350 one-off fee
  • Bare Trust set-up, when borrowing for an investment property – $950 one-off fee
  • Additional Bare Trust set-up – $950 one-off fee
  • Audit only (i.e. you handle your own accounting and tax) – $450 (or less, see the audit quote page)
  • ASIC Annual Fee for a Custodian Trustee – $290 annually (from 1 July 2022)
  • ASIC Annual Fee for a Corporate Trustee – $59 annually
  • Super Levy Surcharge payable to the ATO – $259 per year
  • Actuarial Certificate – $280 (if you’re already in receipt of a pension and this is applicable)
  • To close down an SMSF – $250 one-off fee
  • ATO Specific advice – $280
  • Consulting fees – $280 per hour, phone and email or blog support is not charged for
  • Prepare a Pension Minute and lodge a TBAR report to the ATO – $350 per report
  • Update Trustee/Member details  – $350 (including a Trust Deed update to reflect the new Trustee/Member details)
  • Rollover Statement preparation –  $200
  • Crypto Investments – $350 (in addition to the monthly/annual fee)
  • Scanning fees – $150
  • Complex Funds with limited supporting documents – $150 (Funds with numerous transactions or multiple investments)
  • Amended Tax Returns – $350
  • Adjustment or questions raised due to incomplete supporting documents – $150

*Scanning: We require soft copies of all the supporting documents to make the accounting process efficient. However, in a circumstance where hard copies are provided, we will need to scan those in for accounting and audit purposes. We do not keep any hard copies in our premises.

Note on fees

Fees are generally fixed, but if there’s incomplete information from Trustees and significant re-work on accounting matters by us, we will have to pass on this cost to the Trustee at the rate of $150/hr.

Fees are payable monthly in arrears. All fees include GST. There are no exit or penalty fees if you decide that you no longer want Superannuation Warehouse to take care of your SMSF.

Administration fees cover the annual preparation of accounts, tax return and audit (we appoint and pay the auditor). This is all you need to run your SMSF. The only possible additional expenses are items such as bank fees and brokerage charges.

If your SMSF is set up on the 12th of the month, we will set up a debit order to be deducted from the SMSF’s bank account on the 12th of every month. And don’t worry, we perfectly understand and take into account the fact that it can take some time to get a bank account set up and funds rolled over from your existing Superannuation Fund to the SMSF.

What do we expect from you?

  1. When contributing to your SMSF, make sure you keep track of how much each member contributes.
  2. Supply us with all your accounting information at the end of the financial year.
  3. The best way to send files to us is via email.
  4. We prefer soft copy files because it minimises the need to re-key the data where there are high volumes. When there are only a few transactions a year, working with paper copies makes little difference. However, when there are copious pages of transactions, soft copy formats allow us to work much more efficiently.

As a complete administration service, we will supply you with the following documents for your SMSF at the end of the financial year: Financial Statements, Member Benefit Statements, Tax Calculation and a Tax Return as well as Trustee Minutes for the year.

Costs in an SMSF

Retail super funds usually charge their fees and costs before allocating earnings to members. When comparing returns of an SMSF, remember to compare the total earnings and total costs when benchmarking against a retail fund. See the following newspaper article on this subject.

SMSF Fees in comparison to a Retail Super Fund

Refund Policy

If for any reason you are not completely satisfied with our services and you want to request for a refund, please email us at As soon as we receive your email, one of our staff will contact you and assist you with the process.

  • Andrey


    I am interested to set up SMSF with service in your company but I looked at your competitor who has free set up SMSF service plus no fee for the first year..Would you provide any of their discounts for my SMSF with your company service? If so, I will be happy to set up SMSF Corporate Trustee and continue having service with your company.

    Best Regards

    • superannuationwarehouse

      Your question is a good one so thanks for posting it here.
      ESuper is an AFSL provider, meaning they can receive a commission on the products they recommend to you. The investment choices will therefore be limited when you use them to a single bank account and a specific broker. This is a limited choice, but they are good in what they do and this might suit you.
      We do not restrict your SMSF to a suite of products and only receive income from the accounting fee you pay. We do not receive commissions from banks and brokers. You can therefore shop around and use the best bank and broker, most suitable to your needs. You can even invest in overseas assets, precious metals or overseas property. We do not impose restrictions as we are not bound by commissions.
      Therefore, the fees we charge is different to ESuper.
      Trust this answer your question.

  • Jeremy

    Hi – interesting site – wondered about your claim to be the most cost effective SMSF service in Australia – esuperfund is waiving its set up and first year fees and charges annual fee slightly below your $79 / month amount – is it a like-for-like service to your’s?


    • Hein Preller


      Thanks for posting and you have a very relevant and topical question.

      Although ESuper have a very good offering, they will limit you as to the bank account and broker you can use. We do not have any limitations. In addition to this, they are an AFSL holder entitling them to a commission on the bank accounts and broker accounts recommended by them.

      We do not received commissions on you bank or broker accounts or limit you to who you can use. You can shop around for the best deal.

      I you are satisfied with a limited offering, ESuper might be OK for you. If you want open investment choices that include private or overseas companies, gold or crypto currencies and any investment choice as long as its legal by the ATO standards, we give that choice.

      Its much like the Henry Ford mantra – you can have any car you want, as long as its black.

      • Jeremy

        Many thanks Hein.

  • jack

    Hi ,
    I would like to setup a SMSF so that i can invest in property . I got only 80K on my super fund so looking for investments which fits the ATO rule .

    I would like to know what will be annual cost of running SMSF including setup cost and what are the things that i can claim during tax time . ATM iam doing my calculation to see if it will be cost effective for me or not. So if you can please provide that would be very helpful

    • Hein Preller


      The lenders are very stringent with their loan criteria. Most banks would want a 20% deposit and $50k left in the Fund for liquidity, proving the Fund can service the SMSF loan.

      The fees we charge is $948 per year. In addition, it can be $2,850 to set up the Bare Trust structure and we explain more on the required formats to accommodate loans in an SMSF here:

      Trust this gives you some guidance.

  • Matthew

    Hello SMSF team

    Just wondering if the initial setup fees can be reimbursed back to me from the SMSF balance?

    Then, where do the ongoing monthly charges need come out of? Is it my own account or can they we taken out of my SMSF balance?

    Thank you!

    • Superannuation Warehouse


      The setup fee is regarded as the initial seed money to establish the SMSF, similar to an initial funding to establish a family trust. We explain more here:

      All on-going charges relating to the SMSF should be paid from the SMSF bank account.

  • maroonclock

    Hi team,

    In the initial setup process (as a coroprate trustee in this case) – how do you pay for it / where do the funds come from? As the SMSF isn’t set up yet to use the funds?

    Much appreciated!

    • superannuationwarehouse


      The set-up fee is paid from you in a personal capacity. This is the only fee that you pay and the SMSF pay for other expenses once the Fund is set up.

      The reason for this payment is to bring the SMSF entity into existence. Similar to the days when a family trust was set up and you had the staple a $10 note to the front page when executing the Deed.

      Keep well,

Contact Details


Peace Of Mind

We are Melbourne based with clients throughout Australia. Our SMSF administration service is mostly paperless. This enable us to charge a fair fee, resulting in a good value-proposition for you.

No Advice

Superannuation Warehouse is an accounting firm and do not provide financial advice. All information provided has been prepared without taking into account any of the Trustees’ objectives, financial situation or needs. Because of that, Trustees are advised to consider their own circumstances before engaging our services.