Take control of your retirement destiny. A well structured SMSF can help you accumulate, manage and grow your assets for retirement. Many of our clients enjoy the benefits of a strategic retirement plan strategy, encompassing their SMSF and other entities such as Family Trusts etc.
A Self Managed Super Fund
To help with your SMSF setup we will need to first understand your situation
A Self Managed Super Fund (SMSF) functions like any other superannuation product. It holds your retirement funds and invests on behalf of its members for their retirement. The key, however, is that members act as Trustees and are in total control of the Funds strategy and are responsible to conduct the Self Managed Superannuation Fund correctly and to meet the sole purpose test which is retirement saving.
With greater control over our retirement funds comes the added responsibility with SMSF regulation.
Interested in more information about setting up a SMSF?
We can guide you through the steps for a SMSF setup to take to make this happen.
We are experienced in SMSF setup help to make sure we guide you to meet your obligations as a Trustee.
Once your new SMSF is established, you take control and invest in arrange of investment opportunities such as:
- Cash and Bank term deposits
- Listed shares and equities,
- Unit trusts/managed funds and Property
Small Businesses can also take advantage of purchasing their Business Real Property within the SMSF, which can be rented from the SMSF to your business. We can advise you to determine if this is the appropriate strategy for your fund and to ensure any structure and borrowing meets the ATO rules.
At Gartly & Associates, we complete all the yearly accounting needs and auditing and lodge the annual Fund Taxation Return for you. This is necessary to comply with superannuation and ATO law. Geoff Gartly Chartered Accountant has extensive SMSF knowledge and can assist you in using your SMSF correctly.
With new laws for SMSF, Trustees face hefty penalties from the ATO if SMSF breaches are made, so getting it right is paramount.
When it comes to retirement, we can also assist you to understand when to take a lump sum, transition retirement strategy or an aged pension within your Fund. In doing so we can ensure that your Deed complies with the current pension rules and also help with the necessary documentation that is required to implement the pension.
Gartly & Associates Pty Ltd (ASIC No 1248228) ABN 31 124 737 917 is a Corporate Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361
Geoff Gartly (ASIC No. 1248227) is a Limited Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361