Taking Control of Your Financial Future with Self-Managed Super Funds
Running your own small business means your day is filled to the brim with tasks and responsibilities. The future often seems distant, and planning for it? Well, that can always wait for another day. However, self-managed super funds (SMSFs) come with their own set of complexities and require careful attention to compliance, which can be time-consuming and demanding.
That’s where we come in. Our friendly team of accountants is here to help you set up and manage your SMSF. While SMSFs allow you to make all your investment decisions, they also require management to ensure compliance with regulations. Thankfully, we have the experience to help you through every step, making sure your fund operates smoothly and effectively. And with offices in Melbourne, the Gold Coast and Sydney, plus the capacity to service any small business Australia-wide, you’ll find it easy to take control of your Financial Future with SMSFs.
Master Your SMSF With a Trusted Accountant
Managing a self-managed super fund (SMSF) alongside your business can feel overwhelming, but with us by your side, you’ll have support every step of the way. Our self-managed super fund set up service takes all the guess work out of your legal compliance and set up.
SMSF Establishment
Setting up an SMSF involves critical decisions and detailed processes. We’ll handle your self-managed super fund setup from start to finish, ensuring it’s done perfectly and aligned with your financial goals.
Annual Compliance & Audit
As the trustee of an SMSF, staying compliant with tax and superannuation laws is essential. You can count on our expertise to manage annual compliance requirements and coordinate audits, giving you complete assurance.
Limited Recourse Borrowing
If your SMSF plans to borrow money to purchase assets, Propeller Advisory can help establish a limited recourse borrowing arrangement. We ensure the structure is compliant and supports your investment strategy seamlessly.
Management & Administration
Managing an SMSF involves a lot of reporting and paperwork, which can feel overwhelming. Let us handle the day-to-day administration, from compulsory reporting to documentation, so you can focus on running your business.
SMSF and Divorce
Divorce can be a complex and emotional time, especially when dividing superannuation assets. We provide guidance to help you navigate SMSF splits during a divorce, protecting your valuable savings and ensuring compliance.
Why Use Our Self-Managed Super Fund Set Up Service?
We know managing a self-managed super fund (SMSF) while running your business can feel like a juggling act. Let us take the load off your hands! Here’s why small business owners trust us:
Personalised Support from SMSF Specialists
Our team specialises in SMSF accounting for small business owners, providing personalised, efficient and informed service that aligns with your financial goals and unique circumstances.
Compliance You Can Trust
SMSF regulations can be complex, and staying compliant is critical. We ensure your fund meets all ATO requirements, from annual reporting and tax returns to audits, so you can avoid penalties and focus on your business.
Ongoing Management and Administration
Managing an SMSF can feel overwhelming with the amount of paperwork and reporting involved. We handle the nitty-gritty details, from setting up your fund to ongoing administration, freeing up your time to focus on what matters most.
Dedication to Your Long-Term Wealth
Your SMSF is a key part of your financial future. We work with you to optimise your investments, minimise tax liabilities, and protect your assets, ensuring you’re on track for long-term success.
Frequently Asked Questions
What is an SMSF, and How Does it Work?
A self-managed super fund (SMSF) is a private superannuation fund that puts you in the driver’s seat of your investments and retirement planning. As an SMSF trustee, you’re in control, but you’re also responsible for ensuring your fund complies with tax and superannuation laws. That’s where guidance becomes essential.
How Can Propeller Advisory Help with SMSF Setup?
Setting up an SMSF involves critical decisions and compliance requirements. We handle every step of the process—from establishing the legal structure and registering your fund with the ATO to setting up bank accounts and preparing the trust deed. Our goal is to ensure your SMSF is set up correctly and aligned with your financial goals.
What are the Compliance Requirements for SMSFs?
SMSFs are subject to strict regulations, including annual financial statements, tax returns, and an independent audit. As your SMSF accountant, we manage all these requirements, ensuring your fund complies with ATO regulations and operates smoothly.
How Does Propeller Advisory Help with SMSF Administration?
We take the stress out of managing your SMSF by handling day-to-day administration, including contributions, pension payments, and compulsory reporting. Our team ensures your fund operates efficiently while staying compliant with superannuation laws.
