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The Blistering Growth Superannuation Fund (a complying fund) made the following payments. Payments ($) Deduction ($) Fund administration expenses 19000 Accounting

The Blistering Growth Superannuation Fund (a complying fund) made the following payments.


                             

Payments ($)

Deduction ($)

Fund administration expenses

19000

 

 

 

Accounting fees, relating to the 2018/19 financial report

2200

 

 

Legal costs, relating to changes to the funds trust deed

2500

 

 

 

Insurance premiums, for death and disability cover of members

7300

 

 

Repairs, for rental properties held by the fund

800

 

 

Lump sum benefits paid to members

41000

 

 

 

Placement fees, relating to the commencement of new investments

20000

 

 

 

Fund lodgement fees

2000

 

 

 

Late lodgement penalties

400

 

 


Calculate the deductions available to the fund.

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