Are you considering SMSF? Take control of your super and invest your money into a self-managed superannuation fund. This allows you to choose how you want to invest your money and have a more transparent understanding of how your investments are performing.
An SMSF could have significant benefits for you and help you reach your retirement goals. The main advantages of managing your own superannuation fund include:
- Ability to invest directly in property
- SMSF’s are the most tax effective entity
- Greater control over investments
- Control and flexibility within your super
- Potentially higher net returns
- Ability to draw-down a tax-free pension once you reach retirement age
- Ability to increase your super balance through contribution strategies
While there are many benefits of a SMSF, there are legal and financial obligations too. Understanding these – and the ongoing associated regulatory changes – brings its own complexity. In the context of SMSF management, business owners need to give due consideration to tax, structuring and cash flow to ensure their investment vision is realised.
Looking for support to manage your SMSF? Let Olaris & Associates help solve that challenge. Our services include:
- SMSF setup
- SMSF audit (via third party SMSF auditor)
- SMSF tax returns
- SMSF accounting
- SMSF trust deeds
