SELF-MANAGED SUPER FUNDS
Hornsby’s experts of choice for advice on self-managed super funds
Your Retirement
It’s never too late to start planning for your retirement. Most of the time, many of us will trust our superannuation company to manage our super fund for us. However, many Australians are realising the tax benefits, and lower administration costs, of setting up their own Self-Managed Super Fund (SMSF).
Why choose to set up a self-managed superannuation fund?
- An SMSF or DIY super fund is a great way to invest for your retirement
- SMSF's allow greater control over your money
- You choose where to invest and when to invest
- SMSF administration fees are low
- Significant tax benefits
- Security and a peace of mind knowing where and how your money is invested
- Here at Hornsby Tax, our accountants will help with all your paperwork, ensuring your fund complies with all legislative requirements. We’ll also ensure you get the most out of your superannuation.
Our team of experts can help you:
- Decide if a self-managed fund it right for you
- Establish your SMSF
- Administer and audit the fund
- Prepare and lodge all tax returns
- Meet all reporting requirements
If you're running a self-managed super fund, you will need:
- A large amount of money in the fund to make set-up and yearly running costs worthwhile - usually at least $250,000
- To allow for ongoing expenses such as professional accounting, tax, audit and legal advice
- Plenty of time to manage the fund
- Access to financial experience and skills to make sound investment decisions
- Separate life insurance, including income protection and total and permanent disability cover