SMSF's are a way of saving for your retirement.
The difference between an SMSF and other types of funds is that the members of an SMSF are usually also the trustees. This means the members of the SMSF run it for their benefit and are responsible for complying with the super and tax laws.
If you set up a self-managed super fund (SMSF), you’re in charge – you make the investment decisions for the fund, and you’re held responsible for complying with the super and tax laws. It’s a major financial decision and you need to have the time and skills to do it. There may be better options for your super savings.
You need to manage your fund’s investments in the best interests of fund members and in accordance with the law. And you need to separate your fund’s investments from the personal and business affairs of fund members, including your own.
Investments held in an SMSF can include:
Superannuation law is a delicate area and personalised planning is required for everyone. Dtax Accounting can assist in establishing a superannuation fund that will effectively enable you to reach your financial retirement goals.
Services we offer include:
