Education for SMSF Trustees – ATO SMSF Trustee Education Tool
The trustees may access these courses either due to ATO direction or by trustee’s choice. ATO encourages SMSF trustees to take these courses to improve their understanding of the obligations of an SMSF trustee.
The online SMSF Trustees program is designed to educate trustees of SMSFs about their role and responsibilities.
At the completion of the program, trustees will be able to understand:
- Their roles and responsibilities within a SMSF
- Investment restrictions imposed on trustees of a SMSF
- Rules and limitations surrounding contributions and benefit payments within a SMSF
- Administration involved with a SMSF
The online SMSF Trustee Education Program takes between one and two hours to complete and consists of 7 topics covering the abovementioned topics.
After each topic, the trustees will be required to undertake 20 multiple-choice questions. The trustees are able to obtain a completion certificate if you get 14 or more correct for each topic.
New trustees of SMSF are highly recommend to undertake these free SMSF Trustee Education courses to ensure they are able to manage their fund within ATO requirements.
Disclaimer: This information should not be considered personal financial advice as it is intended to provide general advice only. This factsheet has been prepared by Superhelp Australia Pty Ltd without taking into account your personal objectives, financial situations or needs.
The information contained in the fact sheet may not be appropriate to your individual needs, therefore, you should seek personal financial advice before making any financial or investment decisions.
Book Your Free SMSF Consultation
Book your free consultation with me to find out if SMSF is right for you. If you have any other questions, we are happy to help!
Why is SMSF Set up free at SuperHelp?
SuperHelp have been servicing the SMSF market for over 15 years. We pride ourselves in being able to provide an affordable SMSF service without compromising on quality. One of these services are to provide new members with setting up their SMSF for free when they use our award winning service.
Do I need to use a specific bank, broker or provider?
Unlike other SMSF administrators and accountants we do not restrict you to what bank, broker or service provider you use. We are independent and do not take any commissions from other parties so that our clients can invest their super where they please.
How long has SuperHelp been around for?
SuperHelp have been around since 2002 - so over 15 years! While new SMSF administrators have come and gone, we are still around!
How much is your ongoing annual administration fees?
Our first year introductory offer for new SMSF or transferred SMSF are $899 + GST regardless of asset types. Subsequent years are dependent on the number of assets and asset types you have - please use our calculator to estimate your fee. You will find that our fees are very reasonable to the quality provided within the SMSF market.
Do you have an SMSF newsletter that I can sign up to?
Yes! We send out a quarterly SMSF newsletter to all of our clients and anyone interested in SMSF. You can sign up here :
Do you offer any other SMSF services?
Yes we do! You can see a full list of SMSF services on our services page.
SuperHelp is located in Macquarie Park, NSW however we work with clients all around Australia.