Superannuation Services & Self-Managed Superannuation Funds
Changes to superannuation legislation have provided Australians with more options in regard to their superannuation decisions. A self-managed superannuation fund (SMSF), provides more control over how funds are managed. The decision to establish a self-managed superannuation fund comes with both benefit and risk. Marin Accountants expert SMSF team assists clients in devising the best strategy to provide for their retirement, along with tackling the complexities of superannuation rules and SIS regulations.
Establishing a SMSF is a major financial decision and takes time and skill to both implement and manage. Marin Accountants can provide the professional advice to help ensure that SMSFs are setup and managed correctly and in full compliance with ATO regulations. Our team works in consultation with our clients to establish the optimum structure of their fund, creating trust deeds and appointing trustees, among other things.
Marin Accountants can advise on the responsibilities and requirements of the SMSF trustee(s), including the acceptance of contributions from various sources. The experienced SMSF team at Marin Accountants can help manage the demanding requirements of accounting and management reporting; obligations and reporting requirements of SMSF trustees are significant and a failure to meet these obligations may result in penalties.
Marin Accountants SMSF team ensure that clients meet all obligations in an accurate and timely manner, including Annual compliance obligations such as:
- preparation of financial statements
- preparation of Member Statements
- preparation of Trustee Resolutions & Minutes
- preparation and lodgement of superfund’s Income Tax Return
- attending to the annual audit of the fund.
In addition to compliance matters, Marin Accountants work alongside our clients to ensure the maximum benefit is achieved, including:
- contribution strategies and retirement planning
- pension requirements.
We administer each fund’s investments in the best interests of fund members and in full compliance and accordance with the superannuation laws.
Whether you are nearing retirement or planning for your future, Marin Accountants can work with you to provide you with the best taxation and planning advice to help establish your Self Managed Superannuation Fund. To arrange a meeting with a member of our specialist team, email or phone us on the link below.