Archive for the How to Setup your own Super Fund Category

A SMSF must be audited to ensure that the fund is meeting its conditions for being SMSF. The following is a guide of what Auditors looking for, must or and may provide: Before commencing the audit a Audit Strategy/Plan (ASA300) which includes any significant changes during the

The Deed must have clauses such as facilitating, concessional contribution caps, non-concessional contributions cap, co-contribution scheme, internal rollovers, account based pensions, compulsory cashing rules, rejecting excessive contributions, to name a few. It is for these reasons that we recommend a lawyer specialising in superannuation  draft the trust

Obtain the documents including but not limited to those shown at Documents you receive when setting up our own super fund. We do not recommend you setup your own self managed superannuation fund as if it is done incorrectly then you could have a non qualifying fund

Why do I need a trustee of the Super SMSF Who can’t be a trustee Who can be a trustee Why use a Company to be a trustee What duties must I (trustee) do ? Residency Tests Why do I need a trustee of the Super SMSF

Completion of the <Instruction Form> will enable us, or your adviser to prepare the following documents for you to sign. Remember having your own AFS licensed Accountant or Advisor will take all the pain away from all the paper work, the below are the essential documents you

To apply to set-up a new SMSF with us, print and fill out this form: <Click Here> Alternatively, complete the form on-line here: <Click Here> The easy way is to contact your Accountant or Advisor to setup a SMSF for you. Remember there are proposed changes to

The cost will depend on why you wish to setup a SMSF. Whether you wish to use the SMSF to borrow within the requirements of the law or not. Where you don’t need to borrow. Our costs at the time of this writing is from $880 with