HQB’s Weekly SMSF News – Week 5: Valuation Of Fund Assets

HQB’s Weekly SMSF News – Week 5: Valuation Of Fund Assets

I have Self-Managed Superannuation Fund (SMSF) – what do I need to know about Valuation of Fund Assets?

• At 30 June each year, the trustees of the fund need to resolve the market value of assets.
• For publicly listed Shares, the market value at year end is easily obtained from the stock exchange and share market reports.
• For other assets, including property, the trustees need to assess value of the Superfund assets – such can usually require assistance from market experts.
• If your SMSF assets include residential properties, then market assessments can often be obtained from online real estate services.
• Other style of SMSF investments can pose more complex annual valuation assessment issues.

– Ian Hogbin

Posted 22.09.2022

 This article is compiled as a helpful guide for your private information and is subject to copyright. We suggest that you do not act solely on the basis of material contained in this article because items are of general nature only and may be liable to misinterpretation in particular circumstances. We recommend that our advice be sought before acting on any of these crucial areas.