Summary Of Fees

Australia Wide (Please note that GST is included in all fees)

Free Initial Consultation

There is no charge for an initial half hour discussion with one of our experts that allows you and Crea & Co to assess your requirements. This may also be done by phone or email, if you prefer. (1300 883 843)

Set Up Fee

A fee of $550.00 payable on application for a set up of a new Superannuation Fund or Pension Fund. Note that your DIY Superannuation Fund becomes your DIY Pension Fund.

It is rare that there would be any special requirements that necessitate an additional fee. An example would be where there is some taxation advice for future or existing planning.

The $550.00 includes:

• Superannuation Fund Deed
• Minute Book
• Register
• Bank Kit
• Preparation of Fund Minutes
• Arranging a compliance letter for the Australian Taxation Office in accordance with the S.I.S. Act.
• Australian Taxation Office approval including Australian Business Number and Tax File Number
• Member application forms and Member advice notices
• Consents to set as trustee
• How to establish investment strategy
• Assisting with roll over of any existing Superannuation Funds
• Searching for lost member money with ATO
• Result of lost member search to you.
• Free initial ½ hour consultation.
• Free interview time (including phone conversation) to explain when you receive your Trust Deed and Minute book to know what you should sign and why certain papers are included and to go through the checklist with you.

If a Corporate Trustee is required there would be an additional cost of $1260.00.

Provision of a checklist once your new fund has been arranged, including bank kit to establish the Super Fund bank account which you as trustees can operate.

There is a charge for the taxation advice and initial administration requirements for commencement of Pensions. This fee depends upon the complexity, the number, the type of pensions, and if actuarial certificates if relevant are required.

Annual Administration Fee - Standard

These Fees Include:

• Free initial ½ hour interview (including phone interview, if a face to face interview is not suitable) including when you are transferring your existing fund work to Crea & Co. You discuss any questions you may have including how a transfer will be implemented and how our fees are determined. Written quotations are available.
• Annual administration and recording of all transactions into our computerised records, lodgement of annual tax returns with the Australian Taxation Office, and completion of an Annual Audit.
• This presumes that there are only up to 6 investment decisions in a year, which are acted upon.
• If there are more investment decisions such as share trading, there would be a higher fee charged on a time basis.
• This presumes an annual interview (can be by phone or email) where the information is handed to Crea & Co Pty Ltd to complete the work. Phone calls during the year of 5 minutes or so are not normally charged unless there are many calls.
• The fee is charged on the completion of tax return at the end of each financial year.
• Calculation of tax due or tax refund for Superannuation Funds. (No tax would be due for a Pension Fund, unless a Complying Pension Fund, but there may be a refund of imputation credits).
• Maintenance of member account details.
• Benefit payment documents.
• Pension rebate and deduction calculation and annual audit statements.
• Australian Taxation Office PAYG requirements.
• Crea & Co. offer a comprehensive service allowing the Trustees and Specialist advisor to concentrate on maximizing tax effective returns.

Any additional time during the year, on advice or special considerations, will incur additional fees. These fees will be charged on a time basis.

See frequently asked questions for information required on change over of your fund work to Crea & Co Pty Ltd.

Costs Not Included:

Costs Not Included:

1. Annual Australian Taxation Office fee of $150
2. Annual Australian Securities and Investments Commission fee of $212 when there is a corporate (Pty Ltd) trustee or $40 if only acting for the Super Fund.
3. Cost of an Actuarial Certificate. An annual Actuarial Certificate is required for complying pensions.

When you transfer to Crea & Co Pty Ltd we will attend to all documentation required including:

1. Advice to Australian Taxation Office of change of address
2. Letter to transfer to pervious Administrator/ Accountant

Information Request Doc