SMSF Accountant Melbourne
SMSF stands for Self-Managed Super Fund. An SMSF is a trust where the members also control the fund.
A member of an SMSF runs it for his or her own benefit, but is also responsible for compliance, tax, audit and financial reporting laws. SMSF’s can get complicated, which is why you need a Self-Managed Super Fund accountant.
Why should I manage my own super fund?
Managing your own super fund requires a lot of research and hard work. However it offers special benefits to SMSF members, including:
- Investment flexibility
- Increased transparency
- Greater control
- Tailored retirement income
- Life insurance benefits
- Lower costs
As you can see, a self-managed super fund provides attractive benefits for members but it comes with hard work and can be time-consuming.
You might find it difficult manage your SMSF – and above all, get the most out of it – without qualified expertise of a Self-Managed Super Fund accountant to guide you.