Superannuation

SMSF establishment

Self-managed super funds (SMSFs) are a great option to take control of your retirement savings and minimise tax liability. Your SMSF must be structured in a certain way to comply with government legislation and be eligible for tax concessions. At Leading Accountants, we will register your SMSF in compliance with all legislation and create a retirement savings strategy to help you have the future you deserve.

Ongoing SMSF administration

An SMSF requires regular audits and maintenance to remain compliant with the relevant legislation. We can ensure that your SMSF complies with all relevant requirements, and ensure that your money is working for you.

Financial advice

Our accountants have helped thousands of clients build the future they deserve through providing accurate and timely financial advice. With an excellent understanding of Australian tax, investment and superannuation laws, we will advise on the different investment options available to you with consideration of your current situation and plans for the future.

Taxation and audit

An annual SMSF compliance and financial audit is required whether or not any transactions have been made within the SMSF in that year. The Trustee is legally required to appoint an auditor no later than 45 days before the annual return is due, and the audit must be completed before the SMSF’s annual return can be lodged. Leading Accountants provides stress-free taxation and audit services to ensure that your SMSF is fully compliant with all relevant legislation.

Technical strategy assistant

There are numerous strategies to help you to maximise your SMSF contributions and minimise tax liabilities, for example borrowing and investing. Our SMSF experts will look at your personal situation and financial goals and advise on strategies to grow your SMSF and help you build the future you deserve.

Non-complying fund fixing

If an SMSF is found to be non-compliant, the ATO will require an action plan explaining what corrective actions will be taken, and by which date the SMSF will be fixed. An innocent breach can often avoid penalties by quickly taking corrective action and complying with ATO requests. We are available to assist you with fixing non-compliant fund breaches, and will work with the ATO on your behalf to avoid penalties and minimise costs.