Stay Updated with Investax!

Sign up for our newsletter to receive the latest tax insights and financial tips directly to your inbox.

  • ✓ Expert Analysis
  • ✓ Industry News
  • ✓ Exclusive Offers
Newsletter Signup with Name

SMSF Establishment Services

We’ll handle the paperwork and administrative tasks involved in setting up your SMSF. From preparing the necessary legal documentation to registering your fund with the Australian Tax Office (ATO), we’ll ensure compliance with all regulatory requirements including the ABN and TFN applications.

SMSF Establishment Services

A Self-Managed Superannuation Fund (SMSF) is a unique and powerful financial vehicle that puts you in complete control of your retirement savings. Unlike traditional superannuation funds, an SMSF allows you to become the trustee, giving you the authority to shape your investment strategy and make decisions that align with your individual financial goals. 

With an SMSF, you have the flexibility to invest in a wide range of assets, including shares, property, and more. This level of control empowers you to take charge of your financial future and create a tailored approach to wealth creation, retirement planning, and estate management.

HOW WE WORK WITH YOU
STEP Expert Advice

At Investax, we understand that setting up an SMSF is a significant decision. That’s why we offer expert advice to help you determine if an SMSF is the right choice for you. We provide a complimentary meeting with our dedicated financial planner who will assess your individual circumstances and goals. They will guide you through the pros and cons of an SMSF and help you make an informed decision about whether pursuing an SMSF is worthwhile for you. We believe in transparency and ensuring that you have all the necessary information to make the best financial choices.

STEP SMSF Establishment

We’ll handle the paperwork and administrative tasks involved in setting up your SMSF. From preparing the necessary legal documentation to registering your fund with the Australian Tax Office (ATO), we’ll ensure compliance with all regulatory requirements including the ABN and TFN applications.

STEP Investment Strategy

Developing an investment strategy is a crucial aspect of managing an SMSF. Our team will work closely with you to formulate a strategy that aligns with your risk tolerance, financial objectives, and long-term goals. We’ll provide guidance on asset allocation, diversification, and investment options.

Get in touch with us
Frequent Asked Questions
Got questions? Well, we’ve got answers.
What is a Self-Managed Superannuation Fund (SMSF)?

An SMSF is a private superannuation fund that individuals manage themselves. It allows members to have control over their retirement savings, make investment decisions, and manage compliance with superannuation laws. SMSFs are regulated by the Australian Taxation Office (ATO) and are subject to specific rules and regulations.

What are the benefits of a Self-Managed Superannuation Fund (SMSF)?

An SMSF can be beneficial for several reasons, including unique features that set it apart from other superannuation structures: Control: An SMSF provides you with greater control over your retirement savings, allowing you to make investment decisions that align with your financial goals and risk tolerance. Tailored Investments: You have the flexibility to invest in a wide range of assets, including property, shares, cash, and other investments, enabling you to diversify your portfolio. Cost Efficiency: For some individuals, an SMSF can be more cost-effective than retail superannuation funds, especially when the fund balance grows. Estate Planning: SMSFs offer estate planning options, including the ability to nominate beneficiaries and create a comprehensive strategy for the distribution of assets upon your passing. Tax Benefits: Depending on your circumstances, an SMSF can provide tax advantages, including potentially lower tax rates on investment income and capital gains. Asset Protection: In certain situations, SMSFs can offer additional asset protection benefits, although these should not be the primary reason for establishing one. Property Investment: An important distinction of SMSFs is the ability to use Limited Recourse Borrowing Arrangements (LRBA) to purchase property. This means an SMSF can borrow money to buy property, making it the only superannuation structure where this option is available. LRBA allows you to leverage your superannuation to invest in property, potentially accelerating wealth growth within your fund.

Why do I need a Bare Trust in my SMSF?

A Bare Trust is a crucial element of many SMSF property investments, primarily because it ensures compliance with superannuation laws, such as the “sole purpose test.” This legal requirement mandates that superannuation funds exist primarily to provide retirement benefits to members. By using a Bare Trust, you separate the legal ownership of the property from the SMSF trustee, reducing compliance risks and protecting assets. The Bare Trustee holds legal ownership but has limited powers and must follow the SMSF trustee’s instructions, minimizing their involvement and liability.

What is Limited Recourse Borrowing Arrangement (LRBA) in an SMSF, and why do I need it?

A Limited Recourse Borrowing Arrangement (LRBA) in a Self-Managed Superannuation Fund (SMSF) is a financial structure that enables the SMSF to borrow funds to acquire assets, typically property. The primary motivation behind using an LRBA in your SMSF is to expand your investment portfolio and accumulate wealth for retirement. Through LRBA, your SMSF can diversify its investments, particularly into property, which may be otherwise unaffordable without borrowed funds. This strategy potentially offers rental income and capital growth as part of your retirement savings. Additionally, it can provide tax advantages, although it comes with complexities and risks. Assets acquired through LRBA are held in a separate Bare Trust structure, ensuring compliance with superannuation laws and protecting other SMSF assets from legal claims. However, navigating this strategy requires careful consideration of loan terms, interest rates, and compliance rules, making it crucial to seek guidance from SMSF and LRBA experts to use LRBA effectively and within legal boundaries.

Trust the Leading SMSF Establishment Services Specialist. Contact us today to discover how we can assist you.
Contact Us

Subscribe