SMSF Accountant & Auditors Adelaide

Self-Managed Superannuation Funds (SMSF) 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 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 SMSF tax accountant to ease the burden of management.

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.

Effective 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.

Juggling Administrative Tasks

Where a Chartered Accountant can help is assisting members with taxation decisions, coordinate investment advice / financial planning, and ensure compliance with the superannuation laws. 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 qualified 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.

Assistance with SMSF Management

Our SMSF advisors will assist with:

  • Sourcing investment advice
  • Planning an taxation / investment / administration strategy
  • Annual reviews
  • Establishing Accounting systems and data feeds
  • Financial reporting and Taxation compliance
  • Arranging an audit each year by an approved SMSF auditor

When working with a SMSF advisor, 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.

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 today.

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 What our clients say

“As an ‘above average’ earner, the C&B team have been exceptionally valuable to my family. From the very first meeting, I knew we’d found a professional team familiar with others in my situation who were able to provide careful and well considered tax planning advice. They just give you confidence and comfort as the advice is always thoughtful and well considered.”

Ben Daking

“We ended up speaking to three accountants who came highly recommended and ended up choosing Clarke & Brownrigg. Richard went above and beyond to come over to understand our business, and we love how he will talk through things openly in a way that we can fully understand.”

Maria Coppola

“As a Clarke & Brownrigg client for over 25 years, I have great confidence and no hesitation in recommending Clarke & Brownrigg to anybody in search of sound accounting advice.”

Michael Butler

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Contact Us Today

Name(Required)
This field is for validation purposes and should be left unchanged.

 What our clients say

“As an ‘above average’ earner, the C&B team have been exceptionally valuable to my family. From the very first meeting, I knew we’d found a professional team familiar with others in my situation who were able to provide careful and well considered tax planning advice. They just give you confidence and comfort as the advice is always thoughtful and well considered.”

Ben Daking

“We ended up speaking to three accountants who came highly recommended and ended up choosing Clarke & Brownrigg. Richard went above and beyond to come over to understand our business, and we love how he will talk through things openly in a way that we can fully understand.”

Maria Coppola

“As a Clarke & Brownrigg client for over 25 years, I have great confidence and no hesitation in recommending Clarke & Brownrigg to anybody in search of sound accounting advice.”

Michael Butler

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