Managing your own super fund administration is possible, but you will need to conduct extensive research, which will take a lot of time and effort. This system can sometimes be complicated, and SMSF compliance is crucial.
Therefore, it’s beneficial to employ a super fund accountant who can assist you to navigate these complexities. An experienced SMSF specialist can make this task a lot less time-consuming as they are experts in the audit requirements.
Plus, a professional superannuation accountant can optimise the value of your fund.
Are you struggling to manage your own super fund? Contact KNS Accountants today, and we’ll relieve you of this burden.
A super fund accountant from our team in Sydney will handle your fund’s history. This procedure entails reviewing what was done in the previous financial year and applying what was learned to future tax returns and records.
An SMSF accountant can also offer professional direction regarding the maintenance of complex compliance requirements, tax issues, and even your company’s organisational structure.
At KNS, we use a personalised approach to each customer and their unique self-managed superannuation fund. We assess your financial situation as part of our accounting service so that we can recommend the best strategies to meet your needs.
As a result, you’ll be able to achieve your long-term financial objectives.
Do you want an SMSF accountant that tailors your finances to your needs? You’ll benefit from the individualised services of KNS. Contact an SMSF specialist today to get started.
The superannuation laws in Australia can be complex; without a background in finance or accounting, it can be hard to keep track of all the rules, exceptions to the rules, and laws.
Hiring approved super fund accountants is the easiest way to prevent legal repercussions from mistakes being made. If you make a mistake and file your fund’s tax return incorrectly, you could face legal consequences, penalties, and fines.
You can succeed as an individual if you take the time to learn the ins and outs on your own, but keep in mind the following:
KNS is an accounting firm specialising in SMSF administration with the qualifications and skills to manage the legalities. We have licenced tax agents with a lot of experience working with clients in this field. Get in touch with one of our professionals today.
Setting up your own super fund has a substantial amount of admin. And, it must be properly set up in order to qualify for tax concessions and contributions.
You can choose to be a trustee yourself or have the fund managed by a corporation. Whatever option you select, the fund will remain your responsibility.
Although it may seem appealing to manage your own retirement funds, there is a lot of work – and risks – involved. If you want to set up your own SMSF, make sure you’re fully committed and aware of the responsibilities, which include managing your fund’s assets.
Our self-managed super fund accounting experts can advise on issues surrounding:
Each client, their personal situation, and their financial goals are important to us at KNS Accounting. If you’re seeking guidance regarding setting up your super, contact our accountants today.
Our professionals emphasise tax-effective SMSF accounting. Because of our extensive experience, we can offer strategic advice to help you achieve the best possible result. Our experts work to increase your wealth creation while lowering your losses, expenses, and tax burdens.
Furthermore, all of our highly qualified professionals have specialised knowledge at their fingertips and can guide your investment strategy. We also make the necessary adjustments to your strategy to achieve the best possible results.
Our team provides authoritative information based on facts and the most recent legal developments in the superannuation industry. We are committed to staying current so that you can respond quickly if the regulatory environment changes.
KNS Accountants is a full-service business advisory firm in Sydney that specialises in self-managed super funds. Whether you’re a beginner looking to start from scratch or a seasoned investor looking for guidance, an accountant from KNS will provide excellent service and add significant value.
Contact our self-managed super fund experts today to set up a consultation if you need assistance with setup, tax returns, or managing your obligations.
As your company grows over time, we’ll be there for you every step of the way as you require our services.
A small business account from KNS has expert experience in things like hiring new employees and upgrading to more office space. We’ll look after your payroll, utility payments, employee and property tax, and other business accounting.
KNS Accountants use specialised cloud-based accounting software so you can hop on and view your business finances at any time, from anywhere– and they’ll be updated in real-time. This tool makes analysing your cash flow and managing your inventory and pricing much more efficient. Cloud-based accounting software provides an elevated opportunity for financial analysis, which is then used to advise you on the best way to grow your business.
We are a full-service accounting firm that is dedicated to meeting all the diverse and unique accounting needs of small businesses just like you. Our highly skilled and qualified professionals provide business owners with the quality of service and expertise they deserve.
To get your books back on track and up-to-date, get in touch with KNS Accountants for a consultation now.
KNS Accountants and Business Advisors is a full-service accounting firm that has been serving the Greater Sydney Area for over seven years.
We have three convenient locations in Rooty Hill, Penrith, and Blacktown, and our team of experienced professionals offers a broad range of services, including auditing, tax filing, financial planning, self-managed super fund tax advice and retirement planning.
Our certified practising accountant team pride themselves on providing personalised service and customised solutions to meet the unique needs of our clients.
Whether you are a small business owner, property investment executive, or sole trader, we have the knowledge and experience to help you achieve your financial goals.
Riya is the newest addition to the KNS team and looks after bookkeeping and administration for us. She is currently completing her Bachelor of Professional Accounting degree from Macquarie University, and is aiming to pursue her career as a forensic accountant when she graduates.
She is also a certified Xero and Quickbooks advisor.
When Riya isn't studying or at work, you can find her binging on Netflix!
Simrani joined the KNS family in July 2020. She’s currently studying at Macquarie University and has aspirations to be a property tax specialist in the future!
With a passion for investing in property, shares and crypto, Simrani keeps up-to-date with the latest market trends. Simrani takes care of all bookkeeping, individual tax returns and is a certified Xero and Quickbooks advisor.
In her spare time, she loves organising events for the team like monthly drinks and weekends away
Abigail has been part of the KNS family since July 2019, and she’s a force to be reckoned with. She joined the KNS team as an intern before becoming an intermediate accountant, specialising in SMSF, SMEs and cashflow forecast.
Abigail holds a Bachelor of Accounting degree from the Universal Business School in Sydney and she’s currently pursuing a Master’s degree in Business Administration majoring in Accounting. She is also a certified Xero and Quickbooks advisor.
She loves baking and travelling – but most importantly, she is a mother of one.
Raj has been a public practicing accountant for the last six years and has over ten years of experience in the corporate world. He possesses extensive knowledge of technology, and specialises in cloud technologies, automation and outsourced CFO services for his clients.
Raj is a member of the Institute of Public Accountants and is a registered Tax Agent with the Tax Practitioners Board. He holds a Bachelor of Business degree from Western Sydney University, Public Practice Certificate and is a certified Xero and Quickbooks advisor.
Raj loves rugby league! He's a big supporter of the Broncos (NRL) team and enjoys watching them play every weekend. When he’s not working or watching NRL, Raj spends time with his family who keep him busy.
Krishan has always enjoyed working in small, boutique accounting firms, but the opportunity to move interstate and work with a regional clientele was too good to miss! Krishan offers over a decade of experience across the world of accounting, specialising in SMEs, capital gains tax and self-managed superannuation funds.
Krishan is a member of the Institute of Public Accountants, a registered Tax Agent with the Tax Practitioners Board and an ASIC-registered SMSF Auditor. He holds a Bachelor of Commerce degree from Macquarie University, Public Practice Certificate and is a certified Xero and Quickbooks advisor.
He loves being able to help his clients reach their goals by teaching them about what they need to do and offering advice on how they can maximise results. He also enjoys mentoring other accountants so that there is a constant flow of fresh talent entering the industry! Outside of work, you'll find him at F45 training (he’s an addict) or spending time with his two kids.