Superannuation is a tax-effective vehicle for building wealth in the longer term.
Self-managed superannuation funds (SMSFs) combine all the tax advantages of superannuation with greater flexibility in investment choice and access to a wider range of wealth building options than are available in public-offer superannuation funds.
Davidsons offers specialist SMSF services. Our SMSF team is highly technical and experienced and will work with you to establish your SMSF as well as provide a full ongoing SMSF administration service.
Based on a ‘Client First’ approach, our dedicated and specialist team is able to provide proactive solutions and advice on all aspects of SMSFs in a constantly changing legislative environment.
How can we help you?
• Assist with the establishment of your SMSF
• Work with you to ensure your SMSF remains compliant with ever changing superannuation legislation
• Provide “real time” financial reports so you can easily monitor the financial performance and asset allocation of your SMSF
• Provide advice on any SMSF regulatory and compliance concerns your SMSF may encounter
• Provide advice on the structuring options available for your next SMSF property purchase
• Provide advice on how you can utilise your SMSF to facilitate family succession and intergenerational wealth transfer
• Assist with the establishment of pensions and advise on your eligibility to draw benefits from your SMSF
• Monitoring of your annual contribution and pension limits
• Work together with you (and your solicitor) to provide guidance on how your super assets may be distributed on death
• Administration including:
- preparing year-end financial statements for your SMSF
- preparing and lodging the fund’s annual income tax and regulatory return
- satisfy new transfer balance account reporting (TBAR) measures with the ATO
- arranging an annual actuarial certificate
- arranging the statutory annual SMSF Audit
- updates to the Fund Deed and Trustee structure
- taking care of paperwork and calculations in relation to the commencement and maintenance of pensions
- preparing trustees’ minutes in relation to certain events
- other statutory obligations such as ASIC