How we can help: Our SMSF Services
A SMSF allows you to take an active and direct role in managing your super, gives you greater control over your investment decisions and can open the door to a wider choice of investment options. Best of all, it doesn’t have to be complicated.
We provide end-to-end SMSF Accountants service, giving you the flexibility and control that a SMSF offers, without the added paperwork responsibilities.
Each and every SMSF owner will want different levels of support and involvement. We tailor our SMSF services to your needs, which can range from setup assistance to ongoing administration and compliance.
- SMSF establishment
- SMSF compliance and advice
- Preparation of financial statements
- Annual tax returns
- Audits
- Retirement planning
- Pension income streams
- Bare Trust and Limited Recourse borrowing
- Property purchase and finance assistance
- Recontribution strategies
TW can help with
- SMSF compliance and advice
- Preparation of financial statements
- Annual tax returns
- Audits
- Retirement planning
- Pension income streams
- Bare Trust and Limited Recourse borrowing
- Property purchase and finance assistance
- Recontribution strategies
FAQ’s
A self-managed-super-fund (SMSF) is another method for planning and saving for your retirement. The key feature is that you manage the fund yourself, as opposed to an industry fund that manages your super for you.
SMSF’s are a great choice for those who want more control over their superannuation investments and insurance. They offer holders a high degree of flexibility, investment choice, and agility.
Whilst an accountant is not compulsory, managing your SMSF on your own is both time-consuming and comes with a range of compliance and reporting obligations. Our TW team can assist in managing this side of your SMSF by taking care of your setup, tax reporting, investment paperwork, audits, retirement planning and more.
SMSFs are subject to Australian Governmental withdrawal rules. You can access your super when you retire, are over the age of 65, or under special circumstances. Learn more about withdrawing your super here.
Several variables impact the cost of managing a SMSF, including the fund balance and the skill set of the trustee managing the account. Whilst SMSFs were traditionally considered more expensive to setup and manage, they are becoming more cost competitive on higher balance accounts.
With the increased control SMSF holders have over account decision-making, this can expose SMSFs to increased risk depending on the expertise of the trustee managing the account. Risk can be reduced by leveraging the knowledge of SMSF specialists such as the TW team.
