When establishing an SMSF there are many steps that need to be taken. At SMSF Financial we can take care of all the steps outlined in this video including; preparing the trust deed and legal documents, opening the bank account, ATO registration, preparing an investment strategy, a plan for retirement and wind up.
Once your SMSF is set up SMSF Financial also takes care of the documentation required to rollover existing super, employer contributions, monitoring contributions within limits, making investments without breaking rules, reviewing investment strategy and performance, and, documenting and maintain records.
On an annual basis SMSF Financial will conduct and organise the functions on this video including valuing assets, preparing accounts and statements, auditing the fund, lodge the annual tax return, pay the annual SMSF levy, and pay any tax that is due.
When the fund starts making super payments (such as pensions or lump sums) SMSF Financial will be able to assist and advise you on selling assets, check any minimum payments are made, appoint an actuary, withhold tax, and give payment summaries to member and the ATO.
When the fund is finished SMSF Financial will organise for the final audit, lodge the final return, pay any outstanding tax, and pay out or rollover any of the assets.
SMSF Financial offers a complete solution covering all points mentioned in this ATO video, ensuring that establishing and running an SMSF are seamless and easy for investors.