A Self Managed Super Fund (SMSF) is a type of superannuation trust with the sole purpose of providing benefits to its members upon retirement. These SMSFs are a very powerful retirement planning vehicle, allowing you greater flexibility and control over savings and investments.
SMSF is a superannuation fund with one to four members, where the members actively participate in the fund’s management. No wonder these SMSFs are sometimes referred to as DIY, mum and dad, or family funds. Now, given the complexity of tax and accounting laws in relation to an SMSF, it is best that a qualified SMSF accountant does this process.
If you are searching for professional SMSF accountants in Cheltenham and surrounding areas, approaching Abletax is a wise solution. Our SMSF specialist team are members of the SMSF Association and have RG146 compliance in retirement and superannuation, they will help keep you informed and up to date on the complicated and ever-changing legislation, ensuring your fund remains compliant. They will identify any areas for attention or concern in breaching the SIS act and offer you tax planning strategies and advice to make the most of the concessions available to superannuation funds. Some of our SMSF services include SMSF tax returns, establishing SMSF records, reviewing super performance and much more.
Call us on 03 8521 0600 or mail us through admin@abletax.net.au to learn more about our services.