Interested in Setting Up a Self-Managed Super Fund?
Keen to take control of your superannuation? It all starts with your SMSF setup.
Setting up a self-managed super fund (SMSF) can be a powerful way to take control of your superannuation and direct it towards investments of your choice.
As the name suggests, an SMSF is a private super fund that you manage yourself. However, the setup process can be intricate and requires careful planning and compliance. At New Wave, we can simplify this for you. That means you can enjoy the benefits of an SMSF without the hassle of the setup process and complicated compliance.
So whether you’re an individual or part of a group, SMSF setup is easy with our Gold Coast SMSF accountants.
The Benefits of Setting Up an SMSF
An SMSF gives you the power to choose exactly how your superannuation is invested. You’ll be in control, which means you’re not limited to the standard mix of assets offered by industry and retail super funds.
With your own SMSF, you can use tax strategies to your advantage. For instance, you can use an SMSF to hold your business premises, which can provide both tax benefits and secure your business location.
An SMSF can be a flexible vehicle for retirement planning, allowing you to tailor your super to your specific retirement goals.
The SMSF Setup Process
Here at New Wave, we can guide you through every step of the SMSF setup process. Our team of expert accountants and financial advisors is well-versed in each phase of the journey.
Establishing a Trust (SMSF)
We will help you establish your SMSF, including the creation of a trust deed, appointing trustees, and obtaining a trust identification number.
Registering Your SMSF
Assisting with Rollover from Industry Funds
We can help facilitate the rollover of your existing superannuation balances into your new SMSF.
Ongoing Administration and Tax Lodgements
After setting up your SMSF, we offer ongoing administration services, including annual auditing, tax return preparation, and lodgement. We’ll always be reachable when you have questions about your SMSF.
The New Wave Difference in SMSF Setup
At New Wave, we pride ourselves on not being your typical accounting firm. When it comes to setting up your SMSF, our distinctive approach sets us apart.
We house both accountants and financial planners under one roof, which means we can offer you a combined service during your SMSF setup process. Our teamwork creates a seamless, hassle-free experience, saving you time and reducing the stress often associated with financial planning.
We operate with transparent, fixed-fee price packages, so you know upfront what the costs will be, with no hidden surprises.
Our team is results and outcomes-focused. We work closely with you to understand your unique financial goals, and then create tailored strategies to help you achieve those goals.
We’re fanatical about communication. Expect regular updates and clear explanations every step of the way during your SMSF setup process. And once everything is underway, our SMSF accountants can help manage annual compliance with processes like SMSF tax returns.
Get started or learn more about setting up an SMSF
Establishing your SMSF is a significant step towards taking control of your financial future. At New Wave, we believe this process should be empowering, not overwhelming. Our expert team is ready to guide you through each step of your SMSF setup, turning complex tasks into simple, understandable processes.
If you’re considering setting up an SMSF, don’t do it alone. Leverage our combined expertise in accounting and financial planning to ensure a smooth, hassle-free SMSF setup. We’re here to help you create a brighter financial future.
Ready to get started? Reach out to our friendly team at New Wave today. Your successful SMSF setup journey begins with a single step. Let’s take that step together.