As the end of the financial year is fast-approaching, it is important that trustees of SMSFs understand their obligation to ensure compliance with current legislation.

At GMD Accounting we take pride in assisting our clients to ensure they meet their obligations. We provide clients with ongoing assistance and promote an open dialogue to ensure accurate preparation of the funds financial statements and smooth-sailing through the annual audit process.

 As a reminder of trustee obligations below is a short video produced by the Australian Taxation Office.

As always, should you have any questions regarding your obligations as an SMSF trustee please contact your GMD Accounting team member.