Section H: Assets and Liabilities

Click this link to open the SMSF home page or click this link to download the PDF of NAT71606 Self-managed superannuation fund annual return instructions PDF download on the ATO website.

This section covers the Assets and Liabilities of the SMSF and should balance. The asset value to be used is that shown in the SMSF's Balance Sheet (also known as the SMSF's Statement of Financial Position) as at 30 June of the income year.

• Item 15 - Asset values
  • Item 15a - Australian managed investments
  • Item 15b - Australian direct investments
  • Item 15c - Overseas direct investments
  • Item 15d - In-house Assets
  • Item 15f - Limited recourse borrowing arrangements
• Item 16 - Liabilities

Total Australian and overseas Assets, label U is automatically calculated by Tax and is the result of labels A to T.

Liability values are entered at item 15 (labels V to Y).

Total liabilities label Z is automatically calculated by Tax and is the result of labels V to Y.

CCH References

13-060 Self-Managed Superannuation Funds