KNS ACCOUTANT
Self Mananged Fund Services
Our self-managed super fund services aim to simplify the management of your SMSF, providing you with the guidance and support you need to make informed decisions and optimise your retirement savings. With our expert team of advisors and tailored solutions, you can enjoy greater peace of mind and confidence in your retirement plans, knowing that your SMSF is in good hands.
KNS Self Managed Super Funds Services
SMSF Administration
SMSF Structures
SMSF Tax Returns
SMSF Member Statements
Why Choose a Self-Managed Super Fund?
Superannuation is an essential component of your working life and is critical when it comes to retirement time. Self-managed super funds (SMSFs) are a great way of saving for retirement as it provides numerous benefits to you and your beneficiaries.
Greater Control
In an SMSF, you manage your own super fund, so you have greater control of your assets and investment decisions. A member can also be an SMSF trustee (indiviudal or corporate trustee), which means they can make decisions when it comes to investment options such as:
- Property
- Managed Investments
- Shares
Self Managed Super Funds Also Have Numerous Tax Benefits.
The current tax rate on earnings within a superannuation fund is 15%.
And where the income is produced by assets to support pension, there is no tax payable within the fund on that income.
However, while an SMSF provides a lot of flexibility and control over your retirement savings, it also comes with significant compliance requirements and red tape that can be overwhelming for those without expert knowledge and experience.
From managing investments to filing tax returns and meeting regulatory obligations, there are numerous legal and administrative responsibilities that SMSF trustees must fulfil to avoid penalties and other consequences.
That’s why having a team of professionals to help you manage your own SMSF is essential.
Our advisors have the expertise and experience to guide you through the complex compliance requirements and regulatory landscape, ensuring that your SMSF is structured and managed to meet your financial goals while staying within legal and compliance boundaries.
What Does an SMSF Accountant Do?
Usually, you employ an SMSF accountant to handle the history of your fund. During this process, they will take a look at what was done in the previous financial year, the fund performance and your super account balance and use these insights for lodging tax returns and record-keeping in the future.
An SMSF accountant will also give professional advice on maintaining complex compliance, guidance on tax and even information about your business structure.
For example, at KNS Accountants, our team uses a personalised approach for all self-managed super funds. A licensed financial adviser will consider your financial circumstances and suggest appropriate strategies to suit your needs and future goals.
Here are some of the other benefits you can enjoy from an SMSF accounting agency:
- Entering and annually preparing the trial balance, financial statements, and member statements of your self-managed super fund
- Preparing and lodging your annual SMSF tax return
- Liaising with the Australian Taxation Office (ATO) in the capacity of a tax agent
- Obtaining your annual audit report from SMSF auditors
- Preparing and maintaining your capital gains tax register, providing investment reports, and organising annual minutes for your fun
- Arrange the trial balance and the quarterly GST return and lodge it with the ATO if your super fund is registered for GST, such as ownership of a commercial property
- Doing the various calculations for segregation, part or full pension modes for member balances and the exempt pension deduction
- Preparing the minutes and forms needed to start, roll over, or maintain your pension
- Liaising with an Approved Actuary on your behalf
Why Choose KNS Accountants?
Our experts specialise in SMSF accounting and have a wealth of experience to help you get the best possible outcome depending on your financial situation, Wherever possible, we aim to maximise your monetary gain and minimise your losses, expenses and amount of tax paid.
Our highly trained professionals are equipped to provide guidance on your investments and suggest strategies that can offer the best results from your super.
All the expert information provided by our team is drawn from factual information based on the latest law developments in the superannuation industry. We continually keep up to date with these so that you can quickly respond to any changes in the regulatory environment.
KNS Accountants are full-service business advisors dedicated to providing solutions for all the diverse and unique needs surrounding self-managed super funds.
From helping a novice set up their account from scratch to mentoring seasoned investors, an SMSF accountant from our team will be able to meet you where you’re at and add exceptional value.
If you need help with your tax returns or fund management, contact our SMSF accounting team today, and we can book a consultation.
We Have The Experience
When it comes to managing your self-managed super fund, experience matters. Our team has years of experience guiding clients through the complex compliance requirements and investment strategies of SMSFs. We have worked with clients from diverse backgrounds, providing tailored solutions that meet their unique financial goals and objectives..
We Offer Strategic Advice
Our strategic advice considers your SMSF’s specific needs, including compliance requirements, risk tolerance, and investment objectives, to create a customised investment strategy that maximises your returns while mitigating risks. Trust us to help you achieve your retirement goals with our expert strategic advice.
Client Focused
We put our clients at the centre of everything we do, and our systems and processes are designed to help us look after you throughout your financial journey.
Professionalism
By combining our staff expertise, experience, and friendliness, each client receives close personal and professional attention.
Quality
Our primary goal as accountants, business advisors and tax agents is to be available and provide insightful advice to enable our clients to make informed financial decisions.
Accounting Made Simple.
Self-Managed Super Funds Made Simple. Speak to Our Accountants, Business Advisors and Tax Agents Today!
Our team of expert accountants, business advisors and tax agents are here to help simplify the process of managing your self-managed super fund. With years of experience in the industry, we provide personalised solutions tailored to meet your unique needs.
Whether you’re seeking advice on setting up a new SMSF or need assistance with ongoing compliance requirements, we’ve got you covered.
Contact us today to speak to one of our professionals and take control of your financial future.
Phone
(02) 9625 2388
info@knsaccountants.com.au
LUDDENHAM OFFICE
70 Campbell St Luddenham NSW 2745
Arndell Park Office
Suite 102, 69 Holbeche Rd Arndell Park NSW 2148
ALBURY OFFICE
Level 1, 6/571 Dean Street Albury NSW 2640
Lets Have A Chat
We focus on relationships with our clients, being available to answer any business, accounting, or tax questions you have.
