Self-Managed Super Fund (SMSF)
Setting up an SMSF can be a big step for a lot of people, our accounting specialist make sure to make the process easy for you by providing you with:
SMSF set up and administration
SMSF annual financial statement and tax return
Compliance and audit support
Contributions & thresholds
Pension & drawdown
Investment and borrowing (Limited Recourse Borrowing Arrangements)
Source: ATO
SMSF Investment Choices
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Tax Strategies
Concessional tax rates. 15% tax rate is capped for investment income from the accumulation phase, in the pension phase there is no tax payable, not even capital gains tax.
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Flexibility
SMSFs allow multiple members to run a mixture of accumulation and pension accounts.
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Transparency
SMSFs provide you with the transparent platform to understand how your money is invested for retirement purposes, where your money is invested and investment performance and tax treatment.
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Cost
SMSF trustees must lodge an annual tax return and audit, and pay ATO super levy. The cost of running an SMSF will depend on the related investments and any costs associated with engaging professional support.
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Consolidate super funds with others
SMSF allows a trustee to combine their superannuation assets with up to three other members (such as partners or family members), which means SMSF will have more funds for investment purposes.
We are ready to take you onboard
Book your FREE 30 mins no obligation consultation here