Take control of your financial future with our SMSF advisors in Melbourne
An SMSF, or self-managed super fund or super, can be a very effective tool especially when used properly. It is a superannuation fund that is managed by yourself and gives you the flexibility to control your investment strategy however you like.
Whether you prefer to allocate it to property investment, buying shares, collectible assets, cryptocurrency, or your retirement fund; understanding how it works and the responsibilities that come with it are the keys to making it work.
- Are you eligible to become a trustee?
- What are your obligations in reporting to the ATO?
- How will you keep up with new legislation concerning SMSF?
- What is your investment strategy?
- Do you have enough time to manage an SMSF?
As a member/trustee of SMSF, part of your responsibility is ensuring that there is an investment strategy for the fund and implementing investment decisions. A SMSF must also lodge a tax return annually, and have their financial statements checked by an approved auditor. Chatting with an investment adviser and formulating your strategy together is a good step to further educate yourself and prevent any mistakes.
Our team of professional accountants in Melbourne are ready to assist you in understanding and managing your obligations to the ATO and responsibilities as a trustee as we have gathered a plethora of experience in administering these types of funds over the years. Get the financial experience to make sound investment decisions with the help of our teams in Seaford and Mitcham now!