Specialist SMSF Accountants in Adelaide

Clarke & Brownrigg is a specialist provider of SMSF accounting & administration services. With our team possessing over 220 years in combined industry experience, we are one of the most experienced accounting firms in Adelaide – enabling us to provide expert taxation and administration services for self-managed superannuation fund members. SMSFs offer wider investment choices such as residential and commercial property, term deposits and direct publicly listed as well as private equity shares. In many cases, this makes SMSFs more cost-effective and often the preferred choice of retirement investment vehicle when compared to industry and retail super funds. As a result, they have become a popular investment vehicle for many Adelaide business leaders and high-net-worth individuals. However, while the tax and wealth creation opportunities are impressive, SMSF administration demands the time and management responsibilities of the trustees. That’s why many of our clients are discovering the efficiency and benefits of working with a highly experienced Adelaide SMSF accountant who has detailed knowledge of the latest 2024 superannuation rules and regulations to ease the burden of management and ensure compliance.

Why Choose Self-Managed Superannuation Funds?

Self-Managed Superannuation Funds provide a unique wealth growth opportunity. Because you can include up to four (and soon to be six) members to join in the investment, you can share the investment scale upfront, allowing you to choose a more substantial investment you might not otherwise afford. As well, investors choose the investment that suits them, allowing them to focus on industries in which they have personal interest or expertise as well as having the transparency of clearly seeing what they are investing in.  Because the investors are also the trustees, you can adapt rules to your benefit, allowing you to set the fund up in a manner that suits your circumstances. Some of our clients form investment syndicates where the investors pool assets to acquire larger, higher-quality assets. Learn more about the benefits of Self-Managed Superannuation Funds in our comprehensive SMSF guide. 

SMSF Tax Management

A major attraction of Self-Managed Superannuation Funds is the concessional taxation treatment.  Super Funds usually taxed at a 15% tax rate (and usually zero tax in the retirement income phase). Additionally, trustees can introduce tax strategies that work in their favour, such as channelling deductions for commercial property rentals to this tax-preferred entity.

With full accountability and real-time data feeds for investments, trustees and members find it easier to track their wealth position and therefore make better, well-informed decisions such as what would be the tax-effect should a particular investment be sold.

How Our SMSF Tax Accountants Can Help

Our experienced SMSF accountants in Adelaide can assist members to prepare and lodge their annual SMSF return, provide advice on taxation decisions, coordinate investment advice / financial planning, ensure compliance with the superannuation laws and represent you in your dealings with the ATO.  Our role is to perform these tasks in the context of designing your overall taxation strategy. This helps protect your interests and reduces the anxiety of managing administrative tasks on your own. With a specialist SMSF accountant by your side, the risks of non-compliance are greatly reduced. Because you, as a trustee, may choose the types of investments you like, it makes sense to collaborate with your existing financial planner closely, or we can introduce one of our own planners for you.

Some Important Considerations of SMSF

Self-Manged funds have proven to be effective in insulating business owners from commercial risk, provide a valuable and tax-effective vehicle for holding life insurance, and for the provision of death benefits to minors.
We assist clients in structuring the death benefit nominations so that one’s spouse and children can be provided for tax-effectively.

Our SMSF Administration & Accounting Services

Our Adelaide SMSF accountants provide a range of specialist services to assist with:

• Sourcing investment advice
• Planning a taxation / investment / administration strategy
• Annual reviews
• Establishing accounting systems and data feeds
• Preparing annual financial statements
• Lodging the annual SMSF tax return & ensuring overall taxation compliance
• Arranging an audit each year by an approved independent SMSF auditor

When working with a SMSF accountant, tax-effective investment is made relatively easy. Transparency with investments, lower administration costs and mindful integration with your broader taxation strategies are powerful arguments for considering a SMSF.

Book a Free Consultation with a SMSF Tax Accountant in Adelaide

If you are interested in working with us to consider the potential for a Superannuation Fund within your taxation strategy, book a complimentary discovery meeting with one of our Adelaide SMSF accountants today. Our practice is centrally located in Kent Town – near the Adelaide CBD.