Self-Managed Superannuation
Our team provides administration, compliance, accounting and taxation services for Self-Managed Superannuation Funds (SMSF).
SMSFs are a popular choice for people wanting to control how their retirement savings are invested. However, the rules and regulations governing SMSFs continues to grow in complexity and if you get things wrong the Australian Tax Office can impose severe penalties.
At Ascendancy Accountants and Business Advisors, we strongly believe in educating our clients to ensure that they understand the implications of having their own SMSF. We act as your personal resource centre to help you run your SMSF properly.
Establishing SMSF could bring a wide range of benefits for small business owners. One of those crucial advantages are the total control over your superannuation and ability to invest in more diversified portfolio including real estate, listed shares, managed funds, exchange traded funds (ETFs) or even collectables which you are not allowed to do in public super.
More importantly, SMSF is taxed at the flat rate of 15% so it can be used as a beneficial tax planning tool.
Our solutions make it simple for you to manage your self-managed superannuation fund, so you can have full control over your investment strategies and retirement planning.