Managing a Self-Managed Super Fund (SMSF) can be complex, and there may come a time when continuing the fund is no longer viable or beneficial. Whether you’re retiring, merging funds, simplifying your finances, or closing the SMSF permanently, UV Tax offers end-to-end support for SMSF Terminations and Rollovers across Truganina, Point Cook, and surrounding areas.

We help you exit your SMSF with clarity, ensuring all steps are ATO-compliant, tax-efficient, and stress-free.

🔚 What is an SMSF Termination?

SMSF termination involves permanently closing or winding up your Self-Managed Super Fund. This process must be handled carefully to avoid penalties and ensure all fund assets are properly dealt with.

Reasons for terminating an SMSF include:

• Retirement or end of accumulation phase

• Death of a member

• Separation or divorce

• Too complex or costly to manage

• Merging super with an industry or retail fund

• ATO non-compliance requiring wind-up

🔄 What is a Superannuation Rollover?

A superannuation rollover is the process of transferring the balance from your SMSF to another super fund (e.g. an industry fund, retail fund, or new SMSF). Rollovers can occur:

• When winding up your SMSF

• During a fund restructure

• As part of retirement planning

• To consolidate multiple super balances

UV Tax ensures the rollover is completed efficiently, with correct reporting to the ATO and no tax surprises.

📋 Our SMSF Termination & Rollover Services Include:

• ✅ Review of fund’s trust deed and compliance history

• ✅ Assistance with finalising investments and converting to cash

• ✅ Preparing rollover documentation (Rollover Benefit Statement, Member Balances)

• ✅ Final member payments or rollovers to new funds

• ✅ Lodgement of final SMSF Annual Return and audit

• ✅ Notification to the ATO and ASIC of fund closure

• ✅ Tax advice on CGT, GST, and rollover impacts

• ✅ Final minutes, resolutions, and account closures

📆 Key Steps in SMSF Termination Process

1. Member agreement to wind up the fund

2. Sell or transfer SMSF assets

3. Pay out or roll over member balances

4. Lodge final tax return and audit

5. Cancel fund’s ABN and close accounts

Our team handles each step with precision and full documentation, so you don’t have to worry about ATO issues later.

⚠️ Why Professional Support is Critical

Improper or incomplete SMSF termination can lead to:

• ATO penalties and ongoing tax obligations

• Missed rollover entitlements

• Non-compliant reporting

• Legal and financial complications for members or beneficiaries

Let UV Tax ensure your fund is wound up properly, with no loose ends.

✅ Why Choose UV Tax?

• 👨‍💼 Experienced in SMSF exit strategies and rollovers

• 📍 Local team in Truganina offering in-person and virtual support

• 🧾 End-to-end documentation and tax compliance

• 🔐 ATO-registered agents ensuring secure lodgement

• 💬 Clear, supportive guidance from start to finish