Self-Managed Superfund (SMSF) Services

A Self-Managed Superfund (SMSF) empowers you to take control of your retirement savings and investment decisions. While offering greater flexibility and potential tax advantages, managing an SMSF also comes with significant responsibilities and compliance obligations. At OZ Tax Accountants, we provide comprehensive SMSF services to guide you through every stage, from establishment to administration and compliance, ensuring your fund operates smoothly and in accordance with the relevant regulations.

Empowering Your Retirement Choices:

An SMSF can offer a range of benefits, including greater investment control, the ability to invest in a wider range of assets (including property and direct shares), and potential tax efficiencies. However, it’s crucial to understand the trustee responsibilities and the ongoing administrative and compliance requirements. Our expert team is here to provide the guidance and support you need to manage your SMSF effectively.

Our Comprehensive SMSF Services Include:

• SMSF Establishment: We can assist you with the setup of your SMSF, including preparing the trust deed, obtaining a Tax File Number (TFN) and Australian Business Number (ABN), and establishing a complying fund.
• Trustee Education and Guidance: We provide clear and concise information about your responsibilities as a trustee, ensuring you understand your legal obligations.
• Investment Strategy Assistance: While we don’t provide financial product advice, we can help you document your investment strategy in accordance with regulatory requirements.
• Annual Administration and Accounting: We handle the annual administration of your SMSF, including preparing financial statements, maintaining member accounts, and processing contributions and pension payments.
• Tax Return Preparation and Lodgement: We prepare and lodge the annual SMSF tax return, ensuring compliance with all relevant tax laws.
• Regulatory Compliance: We ensure your SMSF adheres to all superannuation and taxation legislation, including pension standards, contribution rules, and reporting requirements.
• Pension Commencement: We can guide you through the process of commencing a pension from your SMSF, including understanding the different pension options and their tax implications.
• SMSF Audits: We can liaise with independent auditors to ensure your SMSF meets its annual audit requirements.
• Winding Up of SMSF: If the time comes to wind up your SMSF, we can assist with the necessary procedures to ensure a smooth and compliant process.

Who Can Benefit from Our SMSF Services?

Our SMSF services are ideal for individuals who:

• Desire greater control over their retirement investments.
• Are comfortable with the responsibilities of being a trustee.
• May benefit from the unique investment opportunities offered by an SMSF.

Are looking for potential tax advantages within their superannuation.