Self-Managed Super Funds (SMSFs)

Self-Managed Super Funds (SMSFs)

A Self-Managed Super Fund (SMSF) is an increasingly popular way for Australians to take control of their retirement savings. Unlike traditional superannuation funds, an SMSF allows you to manage your own investment strategy, giving you greater flexibility and control over how your super is invested.

What is an SMSF?

An SMSF is a private super fund that you manage yourself. It can have up to six members, and all members must be trustees (or directors of a corporate trustee). Unlike traditional super funds, where decisions are made by fund managers, SMSFs give you full control over investment choices.

Key Benefits of an SMSF

• Greater Investment Control – Choose where and how your super is invested, including shares, property, term deposits, and more.
• Tax Benefits – SMSFs enjoy concessional tax rates, with earnings taxed at a maximum of 15% in the accumulation phase.
• Flexibility in Retirement Planning – Tailor your fund to meet your financial goals, including estate planning benefits.
• Ability to Invest in Property – SMSFs can invest in residential and commercial property, a popular strategy for business owners.
• Cost Savings for Larger Balances – SMSFs can be cost-effective if the fund balance is substantial, as the fixed costs are spread across a larger asset base.

How Easy Accountancy Helps You Manage Your SMSF

1. SMSF Setup & Structure

Starting an SMSF involves several steps, including registering the fund, setting up a trust deed, and establishing a bank account. We handle all the paperwork and ensure compliance with ATO regulations, so you can focus on your investment strategy.

2. Compliance & Administration

SMSFs are highly regulated, and failing to meet compliance requirements can result in penalties or loss of tax benefits. We manage all tax returns, financial statements, audits, and regulatory obligations to keep your fund running smoothly.

3. Investment Strategy Guidance

While we don’t provide financial advice, we work alongside your financial planner to ensure your SMSF strategy aligns with your retirement goals and meets ATO compliance rules.

4. Tax Optimization & Contribution Strategies

We help you maximize tax benefits, structure your super contributions efficiently, and ensure you stay within contribution caps.

5. Pension & Retirement Planning

When you’re ready to retire, we guide you through pension setup, tax-effective withdrawals, and transition-to-retirement strategies to help you get the most out of your super.

Is an SMSF Right for You?

An SMSF isn’t for everyone—it requires time, knowledge, and ongoing management. If you’re considering setting up an SMSF, Easy Accountancy can help you weigh the pros and cons, ensuring it aligns with your financial goals.