Outsource Your Accounts provides a range of professional services to assist in all aspects of self-managed super fund administration.
- Preparation of financial accounts and tax compliance: An SMSF has an obligation to prepare financial accounts, undertake an audit of the accounts, and lodge a tax return.
- Trustee duties: An SMSF must appoint a trustee. The trustee is responsible for operating the self-managed super fund within the guidelines set by the Australian Taxation Office. We provide our SMSF clients free advice as to how to remain compliant.
- Pension and transition to pension: From age 55 onwards, it’s possible to draw an income from your self-managed super fund if you’re still working on a part-time basis. Once you reach preservation age an SMSF can be in pension mode. We can advise on the minimum amount of withdrawals required to maintain a zero tax rate.