Investors have different reasons for setting up a Self Managed Super Fund (SMSF).

For example:

• As a fund member, they can determine where their money is invested.
• They have access to a broader range of investments, such as residential and commercial property, Australian and International shares, managed funds, fixed interest investments and non-traditional assets such as antiques or art - though limitations may apply.
• Other advantages include concessional taxation rates and flexibility, efficient estate planning, ability to transfer assets into the fund and pooling family assets.
• You can borrow to invest within your SMSF, which potentially allows you far greater purchasing power to acquire quality investment assets to save for your retirement.   

GC Accountants can assist you with all aspects of SMSF establishment and administration and we specialise in the following key areas:

• Establishment of SMSF trust deed via SuperCentral* Online Deed Update service
• Establishment of an Australian company to act as Corporate Trustee of the fund
• SMSF Borrowing to invest - comprehensive technical advice on how to satisfy the complex SMSF borrowing rules
• Fund record keeping solutions including MYOB and BankLink

Audit of Self-managed Superannuation Funds Newcastle

GC Accountants also offers a Self Managed Super Fund Audit service. The audit provides an opinion on the status of the fund, including the auditor's assessment of the fund's compliance with super laws. The ATO have stated that it is important that the auditor is independent and meets the necessary standards for an SMSF approved auditor, and GC Accountants offers you the peace of mind that your fund's annual reporting requirements have been addressed professionally and ethically.

SuperCentral Online Deed Update Service

Our Firm is able to offer you the services of SuperCentral when establishing your fund's deed - the benefits of the SuperCentral service include: 

• SuperCentral Governing Rules are regularly and continuously updated, automatically and without paperwork, so your SMSF deed is always compliant and there is never a need to go back and re-sign documents.
• SUPERCentral is the only service that can offer this truly unique online system
• SUPERCentral provides you with a 'set and forget' arrangement
• Your SUPERCentral SMSF deed is always compliant, avoiding potential legal and tax problems or associated penalties
• Advisers and Trustees have coded access to their SMSF Deeds and Precedent Governing Rules; 24 hours - 7 days
• Complimentary deed archiving
• Delivers significant time saving and opportunity cost reductions for your fund
• Advisers never again need review each deed before meeting with a client, while Auditors and the ATO only need to familiarise themselves with one set of Governing Rules
• You never have to undertake expensive adhoc deed updates again.

At GC Accountants we provide the professional advice you need to set up and administer your own fund and greatly simplify the process for you Contact Us