Self Managed Super Funds

We provide the following services for your self managed super fund to ensure you meet the compliance requirements of your SMSF.

Our SMSF administration services include:

  • Preparation of annual financial reports which comprise of the fund operating statement, statement of financial position and notes to financial statements.
  • Administration of transition to retirement and account based pensions.
  • Preparation and lodgment of the regulatory income tax returns and advisement on any tax liabilities or tax refunds from the ATO.
  • Management of the audit processes when required for the SMSF by an approved auditor
  • Preparation of detailed member benefits statements.
  • Preparation of detailed investments reports, such as investments movement report and year-end market valuation report.
  • Liaise with actuaries to facilitate obtaining an actuarial certificate where required for hybrid superannuation funds.
  • Assistance in resolving various compliance breeches.
  • Real time communication and correspondence with the ATO as required.

 Some advantages of an SMSF include:

  • Being able to invest, so that income and capital gains are taxed at the lower superannuation tax rates.
  • Being able to invest in a wide range of assets, including direct property, which are not normally available in traditional super funds.
  • Being able to co-ordinate your superannuation investment strategy with your non-superannuation assets and business.
  • Being able to structure income streams or pensions in a very tailored way, that suits you and your family.
  • Being able to structure your estate planning to ensure certainty about what happens to your assets when you pass away. An SMSF offers many advantages for estate planning over other ownership structures and over traditional super funds.
  • Being in control of all key decisions, including investment decisions, but still having the ability to take advice from specialists. You will need specialist accounting, taxation, investment, estate planning and strategic advice for your fund.
  • A SMSF can give you the ability to transfer personally owned shares and some property into the fund.
  • A SMSF can be used to buy business premises for use in your business.