With control comes great responsibility

Ensure your SMSF complies with superannuation and taxation legislation.

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SMSF ADMINISTRATION

What is a Self-Managed Super Fund (SMSF)?

Self-Managed Super Fund is as the title suggests – a fund containing your Superannuation that is managed by you; you decide what to invest in, when to invest and make all the decisions about how your Superannuation is managed leading up to and into your retirement.

With this control over your Superannuation comes responsibility to ensure your Self-managed Super Fund is compliant.

What are the Administrative responsibilities of a SMSF?

SMSF trustees have extensive administrative, reporting and record-keeping obligations to ensure their fund complies with superannuation and taxation legislation. These responsibilities include:

 

 

 
Setting up a compliant SMSF

• Choosing Individual Trustees
• Trust & Trust Deed
• Australian Registration (ABN)
• Bank Account

 

 

 

 

 
Annual tax obligations

• Yearly tax return
• Assets valuation
• Fund accounts prepared
• Paying ATO levy

 

 

 

 
Maintaining compliance

• Appointing an SMSF auditor,
minimum 1 audit per year
(including external auditors)

 

 

 

 
Reporting and financial statements

• Reporting fund member or trustee changes
• Maintaining records

 

The responsibility of a SMSF can be overwhelming and keeping up with current regulations and requirements can feel like a never ending struggle. We assist you to get the most out of your SMSF by providing SMSF Administration services, taking on the duties of a trustee by managing your funds compliance.

We also work with trusted specialists to help you assess and manage your investment strategies to ensure your retirement is everything you want it to be.

Put your mind at ease & pass your SMSF Administration responsibilities to us.

Are you an Accountant or Adviser?

Don’t have the time to manage the administration of your clients SMSF or don’t want the burden anymore?

Focus on the other areas of your business you enjoy and let us take care of the rest. Speak to us about our business packages today.

Don’t have a SMSF but want to know more about:

How can we help you?

Contact us today to organise your complimentary initial appointment with a SMSF Specialist and look at the options you have available.
We provide a holistic service and can assist you in all areas of your financial life.