SMSF (Self Managed Super Funds) is a superannuation fund designed to distribute retirement benefits to its members. One of the main advantages of SMSF is the amount of control it provides to its members over their investments.
Being the member or trustee of SMSF, you are responsible for creating an effective investment strategy, finalizing reporting obligations, preparing financial statements, and complying with investment requirements. However, due to continual changes to regulations and lack of extensive knowledge of the field, managing everything often becomes challenging, opening the door for expert assistance.
The exceptional accounting services rendered by our experienced SMSF accountants streamlines your work and relieve you of the burden of paperwork. Our professional accountants don’t turn away from providing expedient guidance at every step of your way. We specialize in SMSF accounting, administration, and taxation to offer reliable SMSF related services.
It is crucial to set up SMSF correctly. Our comprehensive SMSF administration service helps the client in establishing SMSF in the right manner. We help in creating a trust deed and devising an effective investment strategy.
Besides, our paperless administration services enable regular reconciliation of your funds to identify any non-compliance. We take care of the year-end administration work. Moreover, the pieces of advice provided by our expert SMSF administration team holds significance concerning the long term success.
Taxation and auditing are important aspects of SMSF. Our experienced team of SMSF tax return makes sure that your SMSF is ATO compliant. Our SMSF tax return responsibilities encompass SMSF auditing, preparing accounts and financial statements, and lodging an annual income tax return and superfund annual return. We follow strict lodgement due dates.
Furthermore, we assist in implementing investment strategies to help in reducing tax payments as you move towards your retirement. The main goal of our SMSF tax return team is to minimize your taxes and maximize your fund’s returns so that you have more when you retire.