What is a SMSF?
Self-managed super funds (SMSFs) are a way of saving for your retirement. The difference between a self-managed super fund and other types of funds is that the members of a self-managed super fund are usually also the trustees. This means the members of the self-managed super fund run it for their benefit and are responsible for complying with the super and tax laws.
Thinking About SMSF?
If you set up a self-managed super fund (SMSF), you’re in charge – you make the investment decisions for the fund, and you’re held responsible for complying with the super and tax laws. It’s a major financial decision and you need to have the time and skills to do it. There may be better options for your super savings.
A self-managed super fund must be run for the sole purpose of providing retirement benefits for the members or their dependants. Don’t set up a self-managed super fund to try to get early access to your super, or to buy a holiday home or artworks to decorate your house. These things are illegal.
Our experienced team can provide advice to members and trustees, from set up, contribution caps, capital gains tax, administration and other complex superannuation tax issues.
We can provide the advice and guidance to help you fulfill your duties and obligations.
REF:
Learn more about Self-Managed Super Funds
Schedule a time to talk to one of our Self managed Super Fund Specialist who can help you:
Is a self-managed super fund right for you? | self-managed super funds are not always right for everyone | ||
Self-managed super fund and your obligations | How to setup an SMSF | ||
Learn about SMSF resources | How to manage SMSF audits | ||
Don’t wait until it’s too late. Contact us, today
What is a SMSF?
What is a SMSF?
Self-managed super funds (SMSFs) are a way of saving for your retirement. The difference between an self-managed super fund and other types of funds is that the members of a self-managed super fund are usually also the trustees.
This means the members of the self-managed super fund run it for their benefit and are responsible for complying with the super and tax laws.
Thinking About SMSF?
If you set up a self-managed super fund (SMSF), you’re in charge – you make the investment decisions for the fund and you’re held responsible for complying with the super and tax laws.
It’s a major financial decision and you need to have the time and skills to do it. There may be better options for your super savings.
An self-managed super fund must be run for the sole purpose of providing retirement benefits for the members or their dependents.
Don’t set up an self-managed super fund to try to get early access to your super, or to buy a holiday home or artworks to decorate your house. These things are illegal.
Our experienced team can provide advice to members and trustees, from set up, contribution caps, capital gains tax, administration and other complex superannuation tax issues.
We can provide the advice and guidance to help you fulfill your duties and obligations.
REF: