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SMSF Setup

SMSF Setup

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Interested in Setting Up a Self-Managed Super Fund?

Keen to take control of your superannuation with an investment strategy? It all starts with your SMSF setup.

Setting up a self-managed superannuation fund (SMSF) can be a powerful way to take control of your super and direct it towards investments of your choice. An SMSF requires bank accounts and a trustee structure that includes either an individual trustee or a corporate trustee.

As the name suggests, an SMSF is a private super fund that you manage yourself. However, the setup process can be complicated and requires careful planning and compliance. At New Wave, we offer SMSF setup services. 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 of fund members, SMSF setup is easy with our Gold Coast SMSF accountants.

Why Set Up an SMSF?

Investment Control

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.

Tax Strategies

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.

Retirement Planning

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

We can guide you through every step of the SMSF setup process. Our team of SMSF accountants and financial advisors are well experienced 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 SMSF trustees, and obtaining a trust identification number.

Registering Your SMSF

Our team will ensure your SMSF is properly registered with the Australian Taxation Office (ATO), including acquiring an Australian Business Number (ABN) and Tax File Number (TFN) for your fund. We can also assist in setting up an electronic service address.

Assisting with Rollover from Industry Funds

We can help facilitate the rollover of your existing superannuation balances into your new SMSF.

Ongoing Adminstration and Tax Lodgements

After setting up your SMSF, we offer ongoing administration services, including annual auditing, SMSF advisory services, and SMSF tax returns. 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.

Integrated Services

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.

Transparent Pricing

We operate with transparent, fixed-fee price packages, so you know upfront what the costs will be, with no hidden surprises.

Individualised Strategies

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. This includes considering binding death benefit nominations to ensure your wishes are followed.

Client-First Approach

We’re fanatical about communication. Expect regular updates and clear explanations every step of the way during your SMSF setup process. Once everything is underway, our SMSF accountants can help manage annual compliance with processes like SMSF tax returns.

Ready To Set Up Your 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.

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Get in touch with our team!

Frequently asked questions

Each year, New Wave hosts a Charity Golf Day gathering Gold Coast business owners and professionals together to raise money and support local causes – see video of our latest event below. Our next event is currently scheduled for 2023. If you are interested in attending or want to get involved with sponsorships, get in touch with our office 07 5504 1999.

New Wave Accountants and Business Advisory is a modern accounting firm providing tailored business solutions to businesses on the Gold Coast and across Australia. We assist clients with: Accounting, Business Review, Cloud Software, Business Setup, Tax, BAS Compliance, Business Advisory & Growth, Management Accounting, and Virtual CFO services. At New Wave, our mission is to empower, excite, and build confidence in small businesses by providing clarity in their figures.

We do not currently offer tax returns for individuals only as we primarily support small to medium sized businesses. However, an individual’s tax return will be prepared by us if they have a business structure.

As Business Advisors, we don’t just focus on tax, but look at ‘out of the box’ strategies to start, grow, and scale our client’s businesses. We provide world class communication both internally and towards our clients.

  • We have saved more than $3.5 million in tax for our clients over the last 12 months
  • We are not your Traditional Dinosaur Accountant
  • We don’t charge by the hour
  • We specialise in Small Business

We are RESULTS DRIVEN Accountants. We are passionate about small businesses, and we truly believe we are making a difference through not only changing our clients’ lives but also the lives of our team members. We offer more than just tax but look further into how to improve profits, save tax, and maximise cashflow

Every business is different and therefore has unique requirements. You can start by booking a free initial consultation with one of our Accountants/Business Advisors to help us understand your requirements and come up with a plan to assist you and your business needs. To book a free consultation, please contact our reception on 07 5504 1999.

We understand small businesses and have worked with over 800+ businesses across various industries. We also provide tailored services for specific niches such as Ecommerce, Construction, Medical, and Allied Health.

We offer a $150+GST for 30-minute initial consultation with one of our Accountants / Business Advisors. To book, please contact our reception on 07 5504 1999.

Our Location

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