SMSF Setup Sunshine Coast QLD

How to Set up an individual Self-Managed Super Fund

Effective business owners in Sunshine Coast are now getting back command over their retirement savings with self managed superannuation funds. SMSF’s can lower your tax debts and maximise financial returns in order to achieve financial freedom.

Sunshine Coast SMSF Advisor

BV Tax Law Financial Accountants can take care of all the administration, accounting and taxation, compliance, technical support and the yearly SMSF auditing, for you spend your time focused on investing for the future.

What is a self-managed superannuation fund?

A self-managed super fund (SMSF) is a legal structure that holds an individual’s a person’s retirement savings however, which is managed directly by that person, instead of an industry fund or employer operated superannuation fund. An SMSF can give you greater control over your financial long-term, allowing you many more investment options.

What is the minimum amount for a SMSF?

It’s also essential to keep in mind, that we 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 Sunshine 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 establish a SMSF fund for yourself and up to three other people and centralize your super balances. This may allow you to acquire assets of higher value than if you set up a fund with fewer members, achieve significantly greater estate planning flexibility and reduce the running costs of the fund.

SMSF Accountant Sunshine Coast.

BV Tax Law Financial Sunshine Coast provides a wide variety of professional SMSF advice from its local award winning SMSF Professionals. Our SMSF services are amongst the best in Australia and include:

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

SMSF Accounting Sunshine Coast SMSF Advice.

BV Tax Law Financial Sunshine Coast delivers company accounting and advice, financial planning and SMSF recommendations to the Sunshine Coast, Maroochydore, Mooloolaba, Buderim, Coolum, Caloundra, Kawana Waters, Nambour and neighboring areas. Our firm have particularly strong relationships with local business and high wealth individuals and specialises in proactive advice.

High Level Control Over Your Wealth

More flexible investment choice:
Through your SMSF, you can select from a much wider range of investments including shares, some unlisted shares, residential, commercial and business property, and collectables especially artwork, stamps and coins.

SMSF Borrowing to Buy Property in you SMSF

Borrowing within your fund to make it possible for the purchase of an investment property.
The regulations for self managed super funds borrowing are stringent and it is essential that you talk to a qualified self managed super funds borrowing specialist before investing in property.
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 strongly beneficial from a taxation and asset protection standpoint and it is mainly for reasons such as this, that SMSFs are such popular investment vehicles in Australia.

Before investing in your own business premises, you should consult with your accountant, financial planner or mortgage broker to discuss the applicable advantages and disadvantages in 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 Sunshine Coast, QLD can provide Control and Flexibility to your Super Fund. We can assist you combine family assets, make active decisions to grow your wealth for retirement and build a strategy for your 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 select 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 Sunshine Coast SMSF financial advisors today. We service: Maroochydore, Mooloolaba, Buderim, Coolum, Caloundra, Kawana Waters, Nambour and surrounding areas as well.

Resource Links:

For more BV Financial SMSF Advisors in QLD click here.

For BV Family Law Advice click here.

 

Contact Us

BV Financial | Sunshine Coast Self Managed Superannuation Fund Advisors

Specialist SMSF Accounting Firm in Sunshine Coast QLD also servicing Maroochydore, Mooloolaba, Buderim, Coolum, Caloundra, Kawana Waters, and Nambour.
BV Financial Advisors Sunshine Coast are affordable accountants and legal advisors. Ask about if self managed super is the right choice for you. QLD specialists for SMSF property and loans for business and high wealth families. Call us for a free initial assessment

 

Serviced Area: Sunshine Coast, QLD, 4551

Phone: 1300 663 540 .