The SMSF Pros and Cons – Self Managed Super Fund Tax Accountant Kew
Looking to set-up a Self Managed Super Fund (SMSF)? Having a SMSF has become a popular retirement saving option for many people and structures. The main benefits associated with SMSFs include flexible investment choices and increased tax control, meaning that you can have a larger influence on your superannuation savings. At MAS Tax Accountants Kew, we can assist you with your SMSF requirements, from set-up and management, to tax work and expert auditor referral. We are experienced Self Managed Super Fund Tax Accountant Kew and can help you to organise and understand your SMSF commitments.
Is a SMSF right for you?
As a Self Managed Super Fund Tax Accountant Kew, we understand that everyone has a unique superannuation situation. We have complied a quick list of the advantages and disadvantages of having a SMSF, to help you decide if opening a SMSF is the right choice for you.
Advantages:
- Increased control of the fund investment management
- Shares and property investment opportunities
- Potential to minimise costs
- Strategic planning opportunities, such as:
- In-specie contributions
- Estate planning
- Tax planning
Disadvantages:
- Not very cost effective for small amounts of money
- Several trustee responsibilities and investment restrictions that you will need to understand
- Managing the paperwork and maintain good records
At MAS Tax Accountant Kew, we have dedicated our time to monitoring the current tax and superannuation laws, so you don’t have to. We like to take the time to develop a full understanding of your SMSF needs and superannuation position, to ensure that you receive relevant and personalised advice. We can help you to meet all of your SMSF commitments with ease and efficiency.
Our Self Managed Super Fund (SMSF) services include:
- Setting up your SMSF and accounts
- Setting up the Trustee(s)
- Rolling your current superannuation into your new SMSF
- Processing your SMSF Tax Return
- Referral to a specialised SMSF Auditor
- Expert knowledge and advice
The first step in taking control of your retirement fund is seeking the best services and advice from the right Self Managed Super Fund Tax Accountant Kew – discuss your Self Managed Super Fund options today.
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For further information or to make an appointment, please contact us below or call us on 1300 627 829
