Super Funds

Posted in Services

Self-managed superannuation funds (SMSF’s) have become a very popular means of providing for income in retirement. A large proportion of Australia’s retirement savings are now held in these investment structures.

SMSF’s can have significant advantages for retirement and estate planning, whilst allowing direct control over investment decisions. However, the legislation governing SMSF’s is complex, and Trustees have considerably onerous obligations and duties placed upon them. In particular, they need to understand the types of assets and investments which are permitted. There are also restrictions on when and under what circumstances money can be withdrawn from a Fund. Furthermore, all SMSF’s (regardless of size) must be audited before lodging their income tax return each year.

If you have an SMSF, or have decided to establish one, we can provide the following services:

  • SMSF establishment
  • Financial reporting
  • Tax planning and compliance

The records and documentation required each year will need to satisfy the information needs of both your accountant and your auditor. Please see our Super Fund Checklist, which covers each of these requirements.

Read Our Newsletter

The key tax changes which will likely affect most of our clients are summarised in our annual newsletters.

Read our newsletters here:

June 2021 newsletter

June 2020 newsletter

June 2019 newsletter

Tax Return Checklists

Our checklists will help to ensure you have all the information and documentation you need.

Individual Checklist

Business Checklist

Super Fund Checklist

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