smsf accountant and smsf accounting services
At DKM, as your SMSF Accountant, we do more than balance books, we secure your fund’s future. We record contributions, withdrawals, and investments in property, shares, crypto, and art, using our SIS Act expertise to maintain clear separation between the accumulation and pension phases. With a low fixed fee external auditor delivering a two‐week turnaround and clear tax advice for minimisation, compliance is effortless.
meet our smsf accountants
Our SMSF accountants, accredited CAs, CPAs and IPAs, bring over 20 years of expertise in super fund regulations and tax law. They stay ahead of legislative changes, assess the legality of new investments, and ensure compliance. With a deep understanding of complex SMSF structures, they help you avoid costly mistakes and manage your fund with confidence.
Partner
David Maj
David Maj, CPA and IPA, is the founder of our practice and an expert in SMSF property accounting. With years of experience, he ensures accurate compliance, reporting, and strategic financial management for super funds.
Partner
Morteza Bahrami
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Morteza Barhami, CA, is the Partner, bringing extensive experience in alternative investments, niche markets, and cryptocurrency. He works closely with individuals to navigate complex financial structures and maximise investment potential.
our smsf accounting services process
Setup &
Compliance
We ensure your SMSF is structured correctly from the start, reviewing trust deeds, investment strategies, and compliance with SIS Act rules to avoid costly mistakes.
Transaction
Oversight
We track every contribution, withdrawal, and investment, including property, shares, and crypto, ensuring proper tax treatment and compliance with fund rules.
Audit
Coordination
We provide tax strategies to minimise liabilities and liaise with a low fixed-fee external auditor to streamline the audit process, reducing stress at year-end
Risk
Reviews
With constant monitoring of tax laws and SMSF regulations, we alert you to rule changes that may affect your fund and help assess the risks of new investment opportunities.
setting up a self managed superfund (smsf)
setting up a self-managed super fund (smsf) involves several steps, each with associated costs. Here’s a breakdown of the process and what to budget for at each stage.
1. establishing the fund
5. roll over existing super
2. register with the ato
6. develop an investment strategy
3. open a smsf
bank account
7. arrange insurance
4. obtain an electronic service address
8. maintain compliance
industry super vs smsf: which one suits you best?
Industry funds offer pre-set investment options, professional management, and automatic compliance, making them ideal for those wanting a simple, low-maintenance approach. SMSFs, by contrast, allow for direct investment in property, crypto, and private assets but require active management and strict adherence to regulations.
Investment flexibility is a key distinction. Industry funds typically invest in diversified portfolios managed by professionals, limiting members to standard asset classes. SMSFs, however, allow trustees to tailor investment strategies, including direct property ownership and niche assets, provided they comply with superannuation laws.
Regulatory responsibilities also differ. Industry funds manage tax reporting, audits, and compliance on behalf of members. In contrast, SMSF trustees are responsible for maintaining accurate records, arranging audits, and staying informed about legislative changes. While SMSFs offer greater autonomy, they demand a significant commitment to manage effectively.
DKM Accounting & Taxation Services was the best value for my tax return. David was very helpful, and the process was quick and hassle-free. Highly recommended.
Need a good tax team? David and his crew are the best. I’m very happy with my yearly return and their great service. Even when it’s busy, David finds time to answer my questions. I highly recommend them. You won’t be let down. Thanks, David and team!
Julia C.
Always had positive experiences with DKM .
David and the team have been very helpful .
jon.
locations
Find DKM Accounting near you. Our locations make expert financial support easily accessible, whether in person or online.
Deakin, ACT 2600
Location
2/8 Phipps Cl,
Deakin ACT 2600
Hours
Monday: 9:00 am - 5:30 pm
Tuesday: 9:00 am - 5:30 pm
Wednesday: 9:00 am - 5:30 pm
Thursday: 9:00 am - 5:30 pm
Friday: 9:00 am - 5:30 pm
Saturday: Closed
Sunday: Closed
Bella Vista, NSW 2153
Location
408, 29 Lexington Drive
Bella Vista NSW 2153
Hours
Monday: 9:30 am - 6:30 pm
Tuesday: 9:30 am - 6:30 pm
Wednesday: 9:30 am - 6:30 pm
Thursday: 9:30 am - 6:30 pm
Friday: 9:30 am - 6:30 pm
Saturday: Closed
Sunday: Closed
frequently asked question
what is a smsf ?
A Self-Managed Super Fund (SMSF) is a private super fund where members control their investments. Unlike industry funds, SMSFs allow investment in property, shares, crypto, and other assets, but trustees must handle compliance, tax, and audits.
An SMSF can have up to six members, all responsible for managing the fund and ensuring it meets superannuation laws. This includes keeping records, lodging tax returns, and organising an annual audit.
While SMSFs offer more flexibility and tax control, they come with higher costs and responsibilities. They’re usually most cost-effective for balances over $200,000 and best suited for those willing to manage compliance and investments.
frequently asked question
You cannot live in a residential property owned by your SMSF while still working. Superannuation laws require SMSF investments to be strictly for retirement purposes, meaning you or any related party cannot occupy or rent the property before meeting a condition of release.
To legally live in your SMSF property, you must first reach preservation age and fully retire. Once this happens, you can either transfer the property out of the SMSF, which may trigger capital gains tax, or start a pension within the fund while keeping the property inside. For commercial properties, different rules apply. If you own a business, your SMSF can lease the property to your company at market rates, allowing legal use while maintaining compliance.
frequently asked question
Only an ASIC-registered SMSF auditor can audit your fund. The auditor must be independent and cannot be a trustee, member, accountant, or financial adviser associated with your SMSF. Audits are mandatory and must be completed annually before lodging your SMSF annual return with the ATO.
Your auditor will review the fund’s financial records and compliance with superannuation laws, including investment restrictions and contribution limits. If any issues arise, they must report them to both the trustees and the ATO. Choosing an experienced auditor familiar with SMSF regulations ensures a smoother process and helps avoid compliance breaches.
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