Superannuation reporting is no longer an annual exercise for self-managed super fund trustees. Since 1 July 2026, contributions at the 12% guarantee rate must reach the fund within 7 business days after every payday, and the fund’s records must show them accurately. Mizael Partners provides SMSF accounting and superannuation reporting for trustees across Australia, from set-up to wind-up.
Whether you are a trustee, an employer paying into your own fund, or both, we keep your administration, reporting, and lodgements aligned, so that the annual return and audit confirm your position rather than uncover problems.
Our SMSF Accounting Services
Property, investments, contributions and benefit payments each create records that need to be reflected in the accounts. We review the information available, identify gaps and prepare the financial schedules required for your fund’s reporting.
A self-managed super fund places compliance responsibility with its trustees from the day it is established to the day it closes. We support your fund from set-up to wind-up, so that each stage is completed in line with SMSF requirements and your records stay in order.
Annual accounts are only as reliable as the records behind them. We provide SMSF fund administration, maintaining the fund's accounting records and preparing the financial information your auditor and your annual return rely on, so that reporting throughout the year agrees with the fund's transactions.
Every SMSF must be audited each year by an approved, independent SMSF auditor, and the audit must be finalised before you lodge the annual return. We manage the audit process, supply the records the auditor requires, and address queries early so lodgement is not delayed.
The SMSF annual return covers the fund's income tax return, regulatory information, and member contributions, and cannot be lodged until the audit is finalised. We prepare your fund's tax statements and annual tax return, so that the fund's tax position and regulatory reporting are lodged together.
Trustees are responsible for the fund's compliance, regardless of who prepares the paperwork, and must strictly adhere to SMSF rules and legislation. We manage your fund's compliance requirements, and our team completes regular training on SMSF rule changes, so that your fund is administered to current requirements.
The super guarantee rate is 12%, calculated on qualifying earnings, which include ordinary time earnings, commissions, and salary sacrifice contributions. We prepare your superannuation reporting so the contributions your fund receives, and the earnings they are calculated on, are reported accurately.
Under Payday Super, the fund must receive contributions within 7 business days after payday, including when an SMSF member's own employer pays into the fund. We integrate Super with your payroll records, so that each payday's contribution is supported by accurate figures.
Super obligations extend to eligibility, where contributions are paid, and whether a contractor is treated as an employee. We carry out eligibility and fund choice checks and advise on contractor super, so that each contribution reaches the correct fund.
If your business also needs employer superannuation support, we can review payroll calculations, reporting and contribution records as a separate part of the engagement. Paying employee super and administering an SMSF involve distinct responsibilities, even when you hold both roles.
The SG rate increased to 12% on 1 July 2025. Payday Super commenced on 1 July 2026, with SG calculated on qualifying earnings and contributions generally required to reach the employee’s fund within seven business days after payday. Limited extended timeframes apply in specified circumstances.
Compulsory SG and reportable employer super contributions also need to be classified correctly. We can scope our bookkeeping support for Australian business owners alongside this work where payroll journals or transaction records need attention.
Discuss employer superannuation supportOur employer support can include the following work:
We review earnings codes, salary sacrifice arrangements and contribution calculations against the applicable requirements.
We check how qualifying earnings and super liabilities flow through Single Touch Payroll, including relevant transition arrangements.
We match payroll liabilities to contribution outcomes and help investigate unpaid, rejected or returned amounts.
We agree who prepares, authorises, pays and follows up contributions within your pay cycle.
A Practical Process for Your Fund
We start with your fund’s current position and the work outstanding. You receive a defined scope, a record request and a clear allocation of responsibilities.
We discuss its assets, members, pension arrangements, existing advisers and the last completed accounts, audit and annual return.
We outline the accounting, tax and administration tasks, including any separately scoped work or external costs.
We confirm authorities, organise any adviser handover and identify missing documents or opening balance information.
We reconcile transactions, prepare the accounts and raise matters requiring your explanation, approval or further evidence.
We provide accounting information for an independent audit and complete the agreed reporting once the necessary steps are satisfied.
Trustees retain responsibility for fund decisions and compliance. We explain the information and approvals needed from you so the engagement can progress.
Review Changes Before You Act
A property transaction, new pension or change in membership can affect the fund’s records, tax position and reporting. Raising a proposed change early gives us time to identify the accounting work and any specialist advice required.
| Planned change | Matters to review |
|---|---|
| Making a substantial contribution | Contribution history, eligibility, other super accounts and relevant notices or elections. |
| Starting or changing a pension | Supporting documents, commencement values, payment calculations and event reporting. |
| Buying, selling or leasing property | Ownership records, contracts, valuations and any related-party considerations. |
| Changing trustees or members | Fund records, registrations and documents that need updating. |
| Establishing or winding up a fund | Administration steps, opening or final accounts, registrations and reporting obligations. |
We can assist with the accounting and administration involved in establishment or wind-up. Advice about whether to establish an SMSF, switch super funds or select investments requires an appropriately authorised financial adviser. Legal documents may also require a solicitor’s input.
We have assisted more than 2,000 clients to become compliant, self-sustaining, and ready for growth.
Our team operates across Australia, with cloud-based support available to founders in every state and territory.
The same people provide accounting, tax, CFO advisory, and business structuring.
We confirm the cost before the work begins.
Our 95% client retention rate reflects clients who remain with us as their business grows.
Mizael Partners supports trustees and businesses across Australia. We agree how documents will be shared, which records we need to access and how queries and approvals will be handled.
Our offices are in Melbourne CBD, Ringwood, North Sydney, Brisbane, Adelaide and Perth. You can discuss meeting arrangements through our Australian office locations and service coverage, or arrange support remotely.
Tell us about your SMSF, any outstanding reporting and the support you need. If you also run a business, we can discuss its employer superannuation requirements alongside the fund’s accounting work.
Call 1300 444 004 or discuss your SMSF accounting service needs with Mizael Partners.
Yes. Payday Super applies to all SMSFs, including funds that receive contributions from a related-party employer. Contributions must be received by the fund within 7 business days after each payday.
The rate is 12%, calculated on qualifying earnings, which include ordinary time earnings, commissions, and salary sacrifice contributions.
Most events, including the start of a retirement phase pension or a commutation, are reported quarterly, within 28 days after the end of the quarter in which they occur. Some events carry different deadlines.
The due date depends on the fund’s lodgement history and on whether a registered tax agent lodges the return. In every case, the audit must be finalised first.
Division 296 applies to individual members, not to the fund. A member is affected where their total super balance exceeds $3 million, and the fund reports the member’s relevant super earnings from 2026–27.
Changing your accountant does not itself require establishing a new fund. We confirm the authorities, prior accounts, tax records and access needed for the handover. Responsibility for unfinished work is agreed before the new engagement proceeds.
We can review outstanding years and identify the records, reconciliations and reporting required. The starting point is the last completed accounts, audit and annual return, together with any ATO correspondence. Compliance issues and potential penalties need separate assessment.
An employee choosing an SMSF does not remove the employer’s Payday Super obligations. Correct fund, bank and electronic service address details are needed for contribution processing. The fund’s own accounting and reporting requirements also continue to apply.
Mizael Partners is led by founding director Ryan Mizael, an accountant serving Melbourne, Sydney and beyond with decades of industry experience. Ryan’s approach combines technical expertise with genuine care for each client’s success. His guidance continues to shape a firm culture built on trust, accountability, and measurable outcomes.
Mizael Partners are proud Chartered Accountants and registered auditors. We offer you the best service and expertise through partnership with these trusted providers.
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