Formed to cater for the superannuation clients of the public Accounting Firm of Rosemount Partners

Initial and ongoing Advice on

  • The procedures to establish a fund
  • The suitability of a SMSF
  • Issues to be included in the fund trust deed
  • Annual regulatory and tax requirements for a fund
  • The development and implementing an investment strategy for the fund
  • Superannuation investment rules
  • Death, total and permanent disability and income protection insurance for the members of the fund
  • The type of income stream the fund can pay
  • Tax considerations affecting the fund
  • Fund compliance requirements
  • The implementation of various tax effective strategies for your fund
  • The implementation of various strategies to build your fund
  • The implementation of various strategies prior to commencing a pension

Establishing a Fund

We facilitate the entire process to establish your self managed super fund; this includes:

  • Obtaining a trust deed
  • Appointing trustees
  • The election to become a regulated fund
  • Obtaining a tax file number (TFN)
  • Obtaining an Australian Business Number (ABN)
  • Opening a bank account
  • Preparing an investment strategy
  • Nominating beneficiaries
  • Implementation of an insurance policy (if required)

Maintaining a Fund

  • Establish and maintain fund records
  • Preparation of the financial accounts of the fund
  • Prepare annual compliance returns
  • Prepare annual tax returns
  • Complete member statements
  • Calculate tax payable (including PAYG instalments)
  • Organise rollovers to the fund
  • Track benefits entering and leaving the fund
  • Track financial transactions
  • Ensure preservation requirements are adhered to
  • Remit any lump sum tax deducted from any eligible termination payments paid
  • Remit PAYG withholding for pension payments to the ATO
  • Maintain compliance paperwork

Commencing a Pension

  • Assistance with converting your accumulation fund to a pensions fund
  • Completion of all necessary paperwork for ATO, trustee minutes and pension calculations.
  • Preparation of detailed financial statements to determine a member’s balance prior to converting to pension

Maintaining a Pension

Pensions have additional reporting requirements and calculations in addition to the standard accounting and compliance requirements; including:

  • Preparation of annual pension calculations
  • Preparation of annual PAYG Payment Summary
  • Preparation of annual PAYG Payment Summary Statement
  • Preparation of quarterly Instalment Activity Statements (IAS’s)
  • Maintenance of pension components

Your Super Your Way was established to better assist people with the daunting task of providing for their retirement. Our philosophy is simply, “No one cares more about your retirement, Than You”.

Your Super Your Way has specialist advisors taking care of all legal, statutory and taxation matters associated with Self Managed Superannuation Funds. With this in mind the fund’s trustees can focus on the task at hand, developing fund income and assets for the retiree’s future.

Your Super Your Way is a company based in Perth that specialises in assisting clients to set up their own self-managed superannuation fund for a successful retirement. With Your Super Your Way, you can be more confident and secure in your retirement. Money is one of the biggest causes of stress, and we don't want anyone to have to live with a stressful retirement. Our superannuation advice for Australian clients is second to none and we have been trusted in our service for over 25 years.

WHAT IS A SMSF

A self managed super fund (SMSF) is a superannuation fund that has less than 5 members and where each member of the fund is required to act as a trustee.

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