All fees are inclusive of GST and there are no transfer costs for new clients.
INITIAL COSTS
Set up of fund
Processing forms to establish fund
$500
Preparation of Trust Deed (solicitors fees)
$484
Total
$984
Above fees are for individual trustees. Should you require a corporate trustee an additional external fee of $840 applies plus an ongoing annual fee of $261.
ONGOING ANNUAL ADMINISTRATION COSTS
Annual preparation
Accumulation
Pension
0-5 investments*
$1700
$1900
6-10 investments*
$2200
$2600
11-15 investments*
$2900
$3300
15+ investments*
$3200
$3600
* Number of investments (including bank accounts) is determined as an average number over the year.
These fees are on a p.a basis (for all or part of a financial year) payable monthly by direct debit with any balance payable on invoice upon completion of work.
Consideration will be given to amending the costs where unusual issues exist.
Costs are subject to incremental increases by a minimum of CPI each year.
Independent audit
Accumulation
Pension
0-10 investments
$539 - $550*
$539 - $550*
10+ investments
$814 - $825*
$814 - $825*
Above audit fee excludes any disbursements that may arise with the audit.
* This fee is due to increase in the coming months
ATO lodgement
Accumulation
Pension
$180
$180
Business Activity Statement
$300
Instalment Activity Statement
$200
INFREQUENT EVENTS
Lump Sum Payment
$250
Single Transition to Retirement/Account Based Pension commencement (1 July)
$440
Additional Transition to Retirement/Account Based Pension commencement (1 July)
Above audit fee excludes any disbursements that may arise with the audit.