Self-managed Superannuation Funds

Self-managed superannuation is a means of saving for retirement. It enables you to control your investment strategy, reduce tax while obtaining tax benefits, and control administration costs.

There are several trust laws and legislative requirements for setting up a self-managed superannuation fund (SMSF). Typically you need to:

• Set up a trust deed
• Appoint trustees
• Sign a trustee declaration (NAT 71089)
• Elect to become a regulated fund
• Obtain a tax file number (TFN)
• Obtain an Australian business number (ABN)

At C & C Professional Chartered Accountants we provide the professional advice you need to set up your own fund and greatly simplify the process for you. 

The ATO has been targeting trustees of SMSF for breaches of the SIS Act. We can educate and guide you on how to comply with the relevant laws.

We can also serve as a one-stop shop for accounting, taxation, SMSF Laws and audit compliances.

Back to Services