Squirrel SMSF Costs and Services

Here’s a breakdown of the costs of a Squirrel SMSF and the service you will receive from our SMSF experts

Squirrel SMSF Costs and Services | Squirrel Super

What are the costs of a Squirrel SMSF?

Here at Squirrel, we believe in ultimate transparency. That’s why our SMSF costs are broken down into only two fees – a setup fee and a monthly admin fee. These fees are flat-rate, meaning they will not increase as your super balance increases. They are also all-inclusive, so you won’t be surprised by a hidden fee or extra cost that you didn’t expect.

Squirrel SMSF costs

Squirrel SMSF Costs and Services | Squirrel Super

The Setup Fee

When you sign up for a Squirrel SMSF, you will be charged a one-time setup fee of $3,171.05 (inc. GST). This fee covers the process of setting up your self-managed super fund, and also includes unlimited customer service to our SMSF experts. This one-time fee can be deducted from your SMSF cash account.

Squirrel SMSF Costs and Services | Squirrel Super

The Admin Fee

Our monthly admin fee of $121 (inc. GST) covers the management of your self-managed super fund and is deducted from your SMSF cash account. This flat-rate fee doesn’t increase with your super balance, and doesn’t change based on your investment type, so you can focus on your retirement strategy and not on fees.

Squirrel SMSF Costs and Services | Squirrel Super

The ATO Fee

The final cost that will be deducted from your SMSF is decided by the ATO, or the Australian Taxation Office. This is a $259 supervisory levy that the ATO charges when we lodge your SMSF tax return. It’s important to note that this fee is entirely decided and controlled by the ATO, not by Squirrel.

What Services are Included in our Setup and Admin Fees?

  • Establishment and registration of SMSF Trust
  • Establishment and registration of Special Purpose Corporate Trustee Company
  • Establishment of SMSF governing rules
  • Establishment and registration of investment strategy
  • Submission of “Election to be regulated” Compliance statement
  • Establishment of accounts with service providers
  • Set up of Bare Trust and Bare trustee when required for the purchase of property
  • Registration with Australian Tax Office
  • Rollover of other superannuation funds into SMSF
  • Annual compliance, administration and maintenance of SMSF
  • Annual return of Special Purpose Company
  • 24/7 access to Squirrel online SMSF management portal
  • Business hour access to Squirrel technical experts
  • Fixed fee for 1 – 4 members and any number / value of assets