Create a wealthier future for yourself
with a self managed super fund
Switching to a SMSF gives you the flexibility and choice to decide for yourself where and how your retirement funds will be invested. With the help of an expert SMSF accountant you can set up your own self managed super fund with a sound investment strategy.
Plus, you’ll get the accounting, tax and support you need to stay compliant with the ATO and ASIC.
Our expert SMSF accountants are ready to assist you in all superfund matters from setup to administration and an investment strategy that matches your risk profile and long-term goals.
Our SMSF services
Our SMSF services ensure that you’re set up correctly from the start and continue to run a compliant fund while you grow a healthy super balance. An SMSF accountant can help you with:
- SMSF administration
- Investment strategy
- Retirement planning
- Borrowing
- Accounting
- Tax returns
- Compliance
- Property
- Crypto
Our SMSF accountants start by getting to know you and your long-term goals. We can then assist you on your journey. Let us know how we can help you.
Why choose us as your SMSF accountant
What our SMSF accounting team can do for you
SMSF Setup
→ Is an SMSF a wise decision for you?
→ Establish a trust + documentation
→ SMSF registration
→ Setup your bank account
→ Create your investment strategy
Accounting & Tax
→ SMSF administration
→ Daily account reconciliation
→ Annual financial statements
→ Income tax returns
→ Tax minimisation strategies
Support
→ Always available
→ Answers to complex questions
→ Industry knowledge
→ Keep your SMSF compliant
→ Grow your super balance
How to set up a SMSF
There are plenty of online SMSF administrators that can assist you in setting up a SMSF.
Alternatively, you can engage self-managed super fund (SMSF) professionals like creditte chartered accountants & advisors to help you set up.
You may want to get our SMSF accountants involved right from the start since the decisions you make when establishing your fund can affect our ability to help you later.
Grow a wealthier future with an SMSF accountant.
Book a discovery call or reach us here:
Contact us
Frequently asked questions
What is a SMSF?
A Self Managed Super fund (or SMSF) is a superannuation fund where you (along with a small number of others) are also the trustees of the fund. Trustees are the one’s that have control over a super fund, and everything that goes on within it.
Does a SMSF have to do an audit every year?
Yes. Every SMSF must have an annual SMSF audit to check the validity and accuracy of its financial statements and its compliance with superannuation legislation (SIS Act) and regulations (SISR).
Can a SMSF run a business?
Self-managed super funds can carry on business, but the business activity must be:
- allowed under the trust deed
- operated for the sole purpose of providing retirement benefits for fund members.
The rules governing SMSFs prohibit or limit some activities available to other businesses, such as entering into credit arrangements or having overdrafts. You should get professional advice before carrying on a business through your SMSF.
Do you have to pay tax on SMSF?
Yes. Generally speaking, the income of your SMSF is taxed at a concessional rate of 15%. To be entitled to this rate, your fund has to be a ‘complying fund’ that follows the laws and rules for SMSFs. For a non-complying fund the rate is the highest marginal tax rate.
How much to run a SMSF?
There are a number of ongoing running costs to consider for an SMSF – accounting, audit, planning, broking, etc. The running costs for a SMSF will generally be between $1,500 and $10,000 depending on the assets held by the fund and any advice received by the trustees.
Can I lend money to my SMSF?
It is possible for an SMSF to lend money to a third party but (as with almost everything to do with SMSFs) there are strict restrictions for doing so. Lending money must be part of the SMSF’s investment strategy and the trust deed must allow for lending. It’s incredibly important to seek professional advice on this matter.
What does SMSF stand for?
SMSF stands for Self Managed Super Fund.
Accounting and business advisory
emails that aren't "spammy"
Sign up here to only receive relevant advice for you and your business.
