Frederiks Accountants together with Hub Financial can offer you specialist, comprehensive advice covering all aspects of a Self Managed Super Fund (SMSF). Our specialist team can take you through the accounting, compliance and administration requirements. We provide our services to handle all of the fund’s paperwork for you from tax returns to member contribution statements and the annual audit.
So to ensure you can reach your financial retirement goals whether it’s travelling the world or spending your days on a fishing boat, we’ll take care of the numbers for you.
What Exactly Can We Do?
- We can advise you on whether a SMSF is right for you.
- We can set up your SMSF.
- We can handle all of the accounting and administrative side of your SMSF
- We arrange for your SMSF audit to ensure that you remain compliant.
- We advise you on the compliance and tax issues and strategies for you to take
- We take care of all of the deed management as required
- We can also wind up your SMSF for you.
What Does This Mean For You?
You can sit back and enjoy the financial and tax benefits of having a SMSF without worrying about the red tape involved. Our team love red tape and they are happy to take care of it all for you.
Wait! What Exactly is a Self Managed Super Fund?
Instead of using a retail super fund such as Care or SunSuper, a SMSF is a fund that is structured as a Superannuation Trust where the members are also the trustees of the fund, providing benefits to its members upon retirement.
Why Would I Choose a SMSF Over a Retail Fund?
Why would you want a SMSF is a question that people often ask themselves and basically it comes down to control, choice and flexibility. SMSFs can be a lot of paperwork & red tape (which is where we can help) which is why many people like to just stick with a retail fund where the money goes in and someone else makes all the decisions.
The biggest benefit is control – as an SMSF Trustee you decide how your fund is managed and where your money gets invested.
There is also a greater range of investment options for your superannuation which is where the choice comes in (and our financial planners can help you with these decisions as well).
You also have flexibility to adjust your investments when you want to.
Another benefit is that SMSFs are entitled to concessional tax rates so you can discuss this when you’re strategizing with our specialist SMSF team.
The first consultation is free and we can look at your situation and see if a SMSF is right for you.