Self Managed Super

It is a matter of choice.

Freedom of choice is one of the key reasons individuals start their own Self Managed Super Fund.

Did you know there are an estimated 401,000 SMSF's in Australia? This equates to potentially well over 1 million Australians choosing to control their wealth using Self Managed Superannuation.

Did you know the Australian Tax Office's latest statistical report shows that more than 80% of SMSF members have taxable incomes below $100,000?

Why are more and more Australian's choosing to do this?

Investment & Tax Planning - tax can be effectively reduced through the targeted selection of investments. (e.g. fully franked shares).
Ultimate Investment Control - your SMSF can invest in direct shares, direct property, managed funds, and other assets.
Investment Leverage - through the selection of specified products your SMSF can leverage your investment exposure.
Wealth Protection & Distribution - as a trustee and member of your fund you have greater flexibility & control over how distributions are made (e.g. Estate Planning), and can provide a wide-range of insurance benefits to fund members.
Lower Costs - in many circumstances the running costs of your SMSF will be lower than your alternative retail fund.

Ultimately a Self Managed Superannuation Fund or DIY Superannuation is by far the most flexible, controlled, and tax-effective vehicle to provide lump-sums or income streams to individuals and their families.

It is a matter of compliance and sustainable long-term retirement benefits.

With flexibility, choice and control comes added responsibility when managing your own Super fund.

The compliance responsibility of your SMSF rests with you, the trustee(s), who must ensure that member benefits are managed in accordance with changing superannuation laws, and that member-funds are invested in line with a valid super investment plan.

Specialist advice will not only provide you with peace of mind regarding your fund's compliance status, but is likely to lead to a better investment outcome for you and your fellow members.

Services Provided by Eden Wealth Accountants:

Establishment and updating of Trust Deed.
Administration and Taxation service package.
Annual Taxation and Audits
Investment Reporting to members on a quarterly basis.

Fees

You will find that when quoting for your taxation business our fees are refreshingly competitive.

Our fees range for different size funds but as a guide you can expect to pay $1,390 in accounting and audit fees for a small fund. Larger funds can expect fees commensurate with the fund's complexity. Administration packages for assistance in member's statements, trustee minutes and investment are available.

Our fees significantly cheaper than other accountants because we use technology and state of the art systems to accurately capture and record transactions for reporting.

Investment Advice & Portfolio Management

For Self Managed Super investment advice, a review of your super fund's investment strategy, or ongoing portfolio management please visit Eden Wealth Management to see if they can help you make better super and investment decisions.

For more information on Self Managed Super call us on 1300 778 858 or fill in the form below and we'll contact you.