Self Managed Super fund Tax Return Checklist - Prowealth

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INVESTMENTS Y N Details If Property - Provide the Settlement Statement for the purchase (from your lawyer). If Shares - Provide a summary of any additional shares / managed funds owned at 30 June. Provide Copies of any Off Market Transfer forms. Has the Fund purchased any new investments during the year? Details of any Dividend Reinvestments, Share Buy Backs, Bonus Shares, Rights Issues, IPO’s, Share Purchase Plans, Mergers etc. If the funds investment provider has issued annual portfolio summaries, please send us copies. (If you have a Commsec or similar account you can print a portfolio statement as at 30 June. from their website). Other - Please provide details of Other Assets purchased and sold during the period 1 July 2011 to 30 June 2012. Please provide all Bank Statements for the year. Bank Statements This may include - Macquarie Cash Management Account Super Fund Loan Account Super Fund Loan Offset Account General SMSF Bank Accounts (not all accounts are applicable to all funds) If you cannot locate you statement, log onto internet banking for the bank and print down a statement for the period of 1 July 2011 to 30 June 2012. In order to accurately process the transactions, we you must include a brief description next to each transaction. e.g. rent received, contribution member #1, etc Prior Year Documents Please provide a copy of the following documents for the prior year of the Fund: • Financial statements • Fund Annual Return • Audit Report
INCOME Y N Details Did the fund derive any capital gains or losses on assets sold during the financial year? Capital Gains / Losses If Property - Provide a description of the asset, The original purchase date, The purchase cost, The date and amount of any expenditure incurred by the fund that forms part of the asset’s cost base (such as stamp duty, legal fees, some renovations or improvements etc). Enclose a copy of your original purchase Settlement Statement (from your lawyer) Enclose a copy of this sale’s Settlement Statement (from your lawyer) Enclose a copy of the Real Estate Agents Tax Invoice. If Shares Provide the buy and sell contracts. Did the fund derive any rental, leasing or hiring income? Rent, Leasing & Hiring Income Interest Received Please complete the Investment Property Checklist at the end. Provide also provide details of any expenses or capital works expenditure to the rental property that is not shown on the Property Managers statement. Has/is all interest income received during the financial year from investments been included on the bank statements? Did the fund receive any dividends during the financial year? If so provide all dividend statements. Dividends / Distributions Gross Foreign Income Unfranked, partly franked and fully franked dividends are assessable for taxation purposes. Tax tip – Where a reinvestment program has been entered into the value of that dividend reinvestment is taxable. Did the fund have any income in relation to foreign investment funds? Provide any foreign income statements in relation to foreign investment funds.
Page 1 and 2: Self Managed Super fund Tax Return
Page 3: Superannuation Industry Supervision
Page 7 and 8: DEDUCTIONS Y N Details Is the fund
Page 9 and 10: SMSF Audit Checklist - Please enclo
Page 11: Property Depreciation Schedule Orde

Self Managed Super fund Tax Return Checklist - Prowealth

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