Earnings & Expenses - Super and SMSF Fundamentals 2026

What goes on in the super fund? Learn about earnings and expenses, NALI and NALE, costs and fees, and how tax treatment works.

In this session, we cover:

• Super Fund Earnings in the fund

  • Investment Income

  • Arm’s length Income and Non-Arm’s Length Income (NALI)

• Super Fund Expenses in the fund

  • Arm’s length Expenses and Non-Arm’s Length Expenses (NALE)

• Recording Super Fund Earnings 

• Super Fund Costs & Fees 

  • Management Fees

  • Insurance 

  • Fund administration & audit requirements

  • ATO penalties

  • Which expenses are tax deductible?

• Taxation points in the fund

  • Tax rates for super fund – complying vs non-complying funds

  • Taxation points: Contributions, Earnings, Death benefits paid out

• Super Fund Tax Return example

  • Tax reconciliation & Tax return illustration