Self-Managed Superannuation in Dubbo

 
 

Administration & Compliance

 

 
 
 

SMSF Management

 
 
 
 
 
 

Trustee Responsibilities

 
 
 
 
 
 
 
 
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SMSF Management

 
 
 
 
 
At Christies Accountants & Advisors we manage all aspects of SMSF administration and compliance including compilation of financial reports and income tax return preparation.

Self-managed superannuation (SMSF) funds are set up as a separate entity with a TFN, ABN and bank account. These are private superannuation funds with the sole purpose of providing an income for members of the fund once those members have retired. Regulated by the ATO, every SMSF has specific management and reporting requirements to which they are legally obliged to comply with.

The professionals at Christies have extensive experience helping clients with the administration and reporting requirements of SMSF's.

We take the time to ensure that you understand what the compliance process includes.
 
 
 
 
 
 
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Trustee Responsibilities

 
 
 
 
 
If you choose to set up a SMSF you are responsible for ensuring the fund is compliant with taxation laws and the administration and reporting requirements (the SIS Act)

We’re on hand to assist with the accounting and administration support of running your SMSF. We can work closely with your financial advisers to ensure their plans for you are actioned appropriately.

Contact us today for more information or to arrange a consultation.
 
 
 
 

Frequently Asked Questions

 

 
 

How do I set up a self-managed superannuation fund?

 
The first step is to engage a licenced advisor to recommend that having a SMSF is right for you. After that we help you to organise a SMSF Deed and then register the fund for an ABN and request a TFN. We can also provide your SMSF with an electronic service address (ESA).
 
 
 

What types of superannuation contributions are there?

 
The most common types of superannuation contributions include non-concessional and concessional. Non-concessional contributions are made from after-tax income where the super fund is not taxed. Concessional contributions are made with pre-tax income and incur a 15% tax in your super fund.
 
 
 

is a SMSF the right choice for you?

 
Before you set up a self-managed super fund, it is vital to understand what’s entailed so you know whether it’s the best choice for you. Running an SMSF is time-consuming and there are ongoing operating and management costs. Consult with a professional first so you know exactly what’s involved, that way you can determine whether a self-managed super fund is the right move for you.