Establishing a SMSF is a major financial decision and takes time and skill to both implement and manage. Brighton Accountants & Advisors can provide the professional advice to help ensure that SMSFs are setup and managed correctly and in full compliance with ATO regulations. Our team works in consultation with our clients to establish the optimum structure of their fund, creating trust deeds and appointing trustees, among other things.
Brighton Accountants & Advisors can advise on the responsibilities and requirements of the SMSF trustee(s), including the acceptance of contributions from various sources. The experienced SMSF team at Brighton Accountants & Advisors can help manage the demanding requirements of accounting and management reporting; obligations and reporting requirements of SMSF trustees are significant and a failure to meet these obligations may result in penalties.
Brighton Accountants & Advisors SMSF team ensure that clients meet all obligations in an accurate and timely manner, including Annual compliance obligations such as:
- preparation of financial statements
- preparation of Member Statements
- preparation of Trustee Resolutions & Minutes
- preparation and lodgement of superfund’s Income Tax Return
- attending to the annual audit of the fund.
In addition to compliance matters, Brighton Accountants & Advisors work alongside our clients to ensure the maximum benefit is achieved, including:
- contribution strategies and retirement planning
- pension requirements.
We administer each fund’s investments in the best interests of fund members and in full compliance and accordance with the superannuation laws.
Whether you are nearing retirement or planning for your future, Brighton Accountants & Advisors can work with you to provide you with the best taxation and planning advice to help establish your Self Managed Superannuation Fund.