Smarter SMSF updates - 1 July 2025

On 1 July each year, the Smarter SMSF team implements a range of changes across the platform, including order forms and generated documents.  Whilst it might not look like much from the outside, these changes are crucial to ensure that your orders remain current and up-to-date with the ever-changing super and tax laws.

The following list of items below outline the various changes that we have made on the  Smarter SMSF platform from 1 July 2025:

ASIC fees

Smarter SMSF has revised the company incorporations fees from 1 July 2025 to reflect the CPI adjustment to the ASIC fees - you can read more about these changes in our related knowledge base article below:

ASIC fees from 1 July 2025

Order forms & documents

New SMSF (incl. QROPS):

• Updated Governing Rules to version, 2025-07 - includes details regarding the legacy pension conversion rules, along with a number of minor adjustments within the deed.  View the SMSF deed changelog for the Smarter SMSF Deed for more details.
• Updated PDS to version, 2025-07 - includes details of the proposed Division 296 tax laws. 
• ATO trustee declarations - the ATO updated these documents in May 2025 and are now reflected within the completed documents.
• Sample documents - you can view the revised documents within the knowledge base, https://smarter-smsf.helpscoutdocs.com/article/164-fund-establishment

SMSF Deed Update (Deed of Variation):

• Changes have been made to the structure of the Deed of Variation, with a new Schedule introduced that captures the particulars of the Fund, trustee(s), members, deed history and other parties (where relevant).  This was previously listed within the Parties and Recitals of the Deed.
• Updated text has been included regarding the binding nature of previous documents that have been created and executed under a previous deed - e.g. binding death benefit nominations and/or super income streams (including reversionary beneficiaries).
• Updated Governing Rules to version, 2025-07.
• Please note that the templates with ‘Additional Parties’ (various combinations) have not yet been updated and will be completed throughout July 2025.
• Sample documents - you can view the revised document within the knowledge base, https://smarter-smsf.helpscoutdocs.com/article/160-smsf-trust-deed-upgrade

LRBA Loan Facility Agreement:

• The order form has been updated for the LRBA safe harbour interest rate to the new rate of 8.95% for real property and 10.95% for listed shares/units for the 2025-26 year in accordance with the requirements set out in PCG 2016/5 - see table 27 in ATO key superannuation rates and thresholds, https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/other-super-rates-and-thresholds

Pension Commencement / Lost Pension Deed:

• Pension PDS has been updated for the 2025-26 financial year, with the schedule reflecting the new super tax rates and thresholds from 1 July 2025.