SMSF Set-up and Management

Take control of your Super – Your Biggest Assets

Self Managed Superannuation Funds (SMSF) is a growing trend as people become more interested in taking control of their financial future.

A SMSF, and super in general, is often a very useful tool when planning to minimise the tax a person will pay over their lifetime. Super contributions and earnings are generally taxed at 15% and can be 0% beyond retirement.

Self-managing is not for the fainthearted. You must thoroughly research the role you will take in self-managing your super as a trustee. ATO has produced two documents on this subject. We recommend you read them:

  1. Thinking about self-managed super
  2. Running a self-managed super fund

 

Recent changes to the law allow SMSF to borrow money to purchase investment assets such as property and shares. Combined with salary sacrifice, borrowing can work to accelerate the growth of your superannuation and minimise tax.

We can work with you to make sure you make the most of your retirement dollars.