SMSF Self-Managed Superannuation Fund Services In Sydney

Happy Retirment

We guide you through the complex process of setting up and managing a self-managed superannuation fund (SMSF).  It may appear easy to many but the real-time administration of funds can be challenging.

At Tax Ideas, we help our clients by providing customised SMSF superannuation services to simplify the often-complex tax laws and regulations across Sydney.

From the set-up of your SMSF to the preparation of annual financial statements and assisting with your annual returns, our team will take care of the entire process.

Call at (02) 8318-1545 or Book Now in Our Live Calendar

How SMSF Works?

A Self-Managed Super Fund (SMSF) is a type of trust. Its prime purpose is to provide the amount of money earned during the retirement phase for its members. An SMSF has its own Australian Business Number (ABN) and Tax File Number (TFN) and its bank account.

As a trustee or member of the fund, you are in charge of ensuring there is a good investment strategy. Consult with the certified investment advisers, discuss your investment objectives and plan the strategy together for your SMSF superannuation.

Advantages of SMSF

1. Flexibility

SMSFs provide their trustees or members with greater flexibility than other super funds. As the trust deed can be designed to facilitate a wide variety of options, it covers the retirement and estate planning needs of the whole family and not just one member.

2. Investment choice

One of the most significant benefits of SMSF is the wider investment choices it offers. Trustees can potentially access term deposits, direct shares, high-yielding cash accounts, direct property, international markets, unlisted assets, income investments, collectables and more.

3. Tax Minimisation

A self-managed super fund pays tax at the 15% concessional rate. Further, SMSF can expect to get tax concessions as well when it starts paying superannuation income streams at the time of retirement.

Here are the basic features of a SMSF:

Tax File Number (TFN)

Australian Business Number (ABN)

Transactional Bank Account

A nominated trustee

Corporate Trustee

Individual Trustee

General Advice

The information contained on this website is purely to provide general advice. Any investment decision on your part will be entirely made on your understanding and evaluation of your financial situation.

At Tax Ideas Accountants & Advisers, we provide comprehensive support services for SMSF, from accounting to financial advice (Financial Advisory Services is provided by Planning Ideas Pty Ltd, ABN 68 618 940 533 Corporate Authorised Representative (No. 1254987) of Alliance Wealth Pty Ltd, ABN 93 161 647 007 | AFSL No. 449221). If you are looking for more control on how to manage your SMSF, this is the right place to start as we act in your best interests. We can help you set up and monitor it to ensure that it meets compliance obligations.

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