Unsure how to maximise your superannuation? We simplify the entire SMSF process, from setting it up with the right tax strategies to winding it up seamlessly. Building wealth through an SMSF is one of the most tax-effective ways to reduce the amount you pay to the ATO, helping you keep more of your hard-earned money. Let us help you secure a financially strong future with peace of mind!
We assist you in setting up a compliant SMSF, handling paperwork, regulations to ongoing management while ensuring the right structure for achieving your financial goals and maximising superannuation benefits.
We handle all aspects of tax reporting and compliance for your SMSF, ensuring your fund adheres to all legal obligations. Our meticulous approach minimises errors and penalties, safeguarding your retirement savings.
We create a tailored investment approach that considers your risk preferences and financial aims, focusing on portfolio diversification to enhance returns while managing risk effectively.
We provide periodic checks and updates to ensure compliance and maximise your superannuation advantages, taking a proactive strategy to keep your finances on track, providing you peace of mind as you approach retirement.
Our team evaluates your fund's structure and investment strategy to ensure you capitalise on available tax benefits while staying compliant with regulations, and help you create a secure financial future.
When it’s time to wind up your SMSF, we guide you through the entire process, handling all necessary paperwork, addressing any tax implications and compliance requirements, ensuring smooth transition.
Secure your financial future with our SMSF services in Melbourne, designed to provide control, flexibility, and peace of mind. With expert guidance, we offer personalised strategies to maximise tax benefits, diversify your portfolio, and ensure full transparency over your assets. Our services adapt to changing market conditions, keeping you compliant with complex regulations. Whether you aim to reduce tax liabilities or explore broader investment opportunities, we deliver tailored solutions aligned with your long-term goals, empowering you to build a sustainable and secure retirement.
Get complete control over your retirement savings, tailor investment strategy to align with your financial goals and risk appetite, allowing for personalised decision-making.
Maximum tax rate on your income and the potential for tax-free withdrawals after reaching retirement age, enhancing your overall retirement savings.
Diversify your investment portfolio beyond traditional options, and provides flexibility to invest in a wide range of assets, including real estate, stocks.
Gain full visibility into your investments, monitor your portfolio’s performance in real time and make informed decisions based on transparent financial information.
Superannuation, commonly known as “super,” is a retirement savings system in Australia that helps individuals accumulate funds to support them financially in retirement. Employers are required to contribute a percentage of an employee’s earnings into a super fund, which is then invested to grow over time. Individuals can also make additional contributions. The funds are generally inaccessible until retirement age, providing a financial safety net for the future.
There are several types of superannuation funds, including retail, industry, and self-managed superannuation funds (SMSF), each with different benefits and structures.
Anyone over the age of 18 who meets the legal requirements can set up an SMSF. However, it’s generally recommended for individuals with a certain level of financial knowledge and those looking to take an active role in managing their superannuation investments. All members of the SMSF must also be trustees, meaning they have a responsibility for the fund’s compliance with regulations.
You have the flexibility to invest in various asset classes to grow your retirement savings. This includes shares in publicly traded companies, residential and commercial property, cash deposits for liquidity, and alternative assets like collectibles, art, and international investments. However, it’s essential that all investments comply with superannuation laws and regulations to ensure your SMSF remains compliant.
Maintaining an SMSF involves various costs, including:
The total costs can vary significantly based on the complexity and size of the fund.
At Number Visions, we help business owners navigate financial challenges, from complex tax laws to accurate bookkeeping and clear financial reports. As your trusted partner, we provide expert guidance in taxation, accounting, and bookkeeping.
