10/10/2026
If your SMSF holds physical gold or silver, here’s a five-minute job that could save a lot of chasing later.
Take clear, current photos of your bullion lying on a newspaper. Make sure the newspaper date and the bullion’s markings, weight and purity are clearly visible.
Got a lot of bullion? Group similar items together, such as your 1oz, 100g or 1kg bars.
Keep the photos with your SMSF records, along with your purchase invoices, storage details and bar numbers where applicable. And if you’ve bought or sold bullion during the year, make sure those records are up to date too.
It’s simple housekeeping, but it can make year-end accounting, valuation and audit much easier.
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