SMSF Setup Central Coast NSW

How to Set up an individual Self-Managed Super Fund

Clever local business professionals in Central Coast are now reclaiming command over their retirement with self managed superannuation funds that can improve your tax status and maximise financial returns to achieve financial independence.

Central Coast SMSF Advisor

BV Tax Law Financial Accountants can handle all the administration, accounting and taxation, compliance, and the annual SMSF auditing, for you enjoy your time focusing on other investments for the future.

What is a self-managed superannuation fund?

A self-managed superannuation fund (SMSF) is a legal structure which maintains an individual’s a person’s retirement savings however which is managed more closely by that person, rather than an industry super fund or employer operated superannuation fund. An SMSF is able to give you a lot more control over your financial long-term, allowing you many more investment options.

What is the minimum amount for a SMSF?

It’s also important to keep in mind, that our team typically suggest clients have a minimum of $300,000 in combined retirement assets before considering setting up an SMSF.

financial advisor can plan your smsf investments

SMSF Set-up Costs Central Coast

What’s included when you set up your self-managed super fund

Set up Fees (inc GST)

  • Individual SMSF account establishment (one-off fee) $495.
    • Fund establishment.
    • Trust deed.
    • Registration with ATO including ABN and TFN application.
  • Corporate Trust establishment fee ( if applicable) $715.

Setup SMSF for your Family.

You can set up a super fund for yourself and up to three other people and centralize your super balances. This may enable you to invest in assets of higher value in the fund than if you set up a fund with fewer members, achieve greater estate planning flexibility and reduce the running costs of the fund.

SMSF Accountant Central Coast.

BV Tax Law Financial Central Coast delivers a wide variety of expert SMSF advice from its local award winning SMSF Specialists. Our SMSF services are amongst the best in Australia . Our Central Coast team can provide:

  • SMSF set up
  • SMSF structuring
  • SMSF borrowing and investing
  • SMSF administration, auditing and compliance.

SMSF Accounting Central Coast SMSF Advice.

BV Tax Law Financial Central Coast delivers commercial accounting and advice, financial planning and SMSF recommendations to the Central Coast, Gosford, Woy Woy, Erina, Terrigal and neighboring areas. Our team provides particularly strong relationships with local business and high wealth individuals and specialises in proactive advice.

SMSF Advisors near you

More Central Coast Locations

SMSF Advisors in Gosford
SMSF Advisors in Woy Woy
SMSF Advisors in Erina
SMSF Advisors in Terrigal

High Level Control Over Your Wealth

More investment choice:
Through your SMSF, you can select from a larger variety of investments including shares, some unlisted shares, residential, commercial and business property, and collectables such as artwork, stamps and coins.

SMSF Borrowing to Buy Property in you SMSF

Borrowing within that fund to make it possible for the purchase an investment property.
The regulations for SMSFs borrowing are stringent and it is essential that you talk to a specialist self managed super funds borrowing specialist .
A few benefits of buying property within your SMSF;.

  • Zero capital gains tax (CGT) when you sell the property in retirement.
  • No income tax on rental income on retirement.
  • The loan is paid off using super contributions and rental income.
  • The assets in the SMSF are protected.

Buying your business premises with SMSF.

This purchasing structure is exceptionally beneficial from a taxation and asset protection standpoint and it is primarily for reasons such as this, that SMSFs are popular investment vehicles in Australia.

Before acquiring your own business premises, you should consult with your accountant, financial planner as well as mortgage broker to discuss all the applicable advantages and disadvantages for your circumstances.

prepare for retirement with your smsf

protect and secure your family in retirement
investing in property for self manager superannuation

Local SMSF Tax Advice

BV Tax Law Financial in Central Coast, NSW is able to provide Control and Flexibility to your Super Fund. We can help you combine family assets, make active decisions to grow your wealth for retirement and build a strategy for their heirs and their own later years.

Discover if self managed super is ideal for your situation.

Our planners and tax advisors would love to assist you to alter investments and the structure of your super as needed, and to implement effective tax strategies.

How to Contact Us:

For more information on setting up self-managed super and planning for your retirement, please contact our Central Coast SMSF financial advisors today. We service: Gosford, Woy Woy, Erina, Terrigal and surrounding areas as well.

Resource Links:

For more BV Financial SMSF Advisors in NSW click here.

For BV Family Law Advice click here.

Contact Us
BV Financial | Central Coast Self Managed Superannuation Fund Advisors

Specialist SMSF Accounting Firm in Central Coast also servicing Gosford, Woy Woy, Erina, Terrigal.
BV Financial Advisors Central Coast are affordable accountants and legal advisors. Ask about if self managed super is the right choice for you. NSW specialists for SMSF property and loans for business and high wealth families. Call us for a free initial assessment

Serviced Area: Central Coast, NSW, 2250

Phone: 1300 663 540