Do you have a self-managed super fund (SMSF) or are you thinking of setting one up? SMSF can provide you with far more control over your financial future. With greater visibility over your savings, you can control whether your money is being invested and have a deeper understanding of how your overall wealth is tracking. This gives you far more confidence in your investment and lifestyle decisions; however, without the right accountants to help you with the initial set-up and ongoing management, it can sometimes be a daunting experience.
At Link, our SMSF accountants can provide you with a comprehensive tailored package for setting up and managing your SMSF, all for a competitive price. Contact us today to learn more.
Why get an SMSF? There are a variety of benefits that will help you to accumulate wealth for your retirement. Like all super funds, your tax on investment income is capped at 15 per cent and there is no tax payable once in the pension phase, however you must lodge an annual tax return and audit. An SMSF allows you to combine your super assets with up to three other members, such as your partner or other family members. This creates a larger fund balance, increasing investment opportunities, with only one set of fees.
The more an SMSF grows, the more cost-effective it becomes, but the total cost of running one depends on your related investments and the costs associated with engaging SMSF accountants. At Link, we prepare your financial statements, lodge your SMSF annual tax return, manage all aspects of ATO communication and prepare a range of detailed reports, all at a competitive rate. Our aim is to help you understand your SMSF and capitalise on your investments.
If you have any questions for our SMSF accountants, or would like to know more about our Link’s other services, including bookkeeping services and property tax, please don’t hesitate to get in touch with our Parramatta office on (02) 8810 6514 or our Surry Hills office on (02) 8958 0696.