The Self Managed Super Fund environment is a dynamic one with regular changes in the laws and regulations that govern your fund’s operation. At SMSF Hobart compliance consulting is an important service line that we commit resources to. We do not expect our SMSF administration clients to understand all the complex superannuation laws and regular ongoing changes. Our SMSF compliance consultancy service allows clients to consult with us on issues that are specific to their situation. Our clients say this service gives them peace of mind when making operational and investment decisions that have the potential to make their fund non-compliant with current laws.
Our compliance consultancy service includes:
- Trustee education on the operation of their fund
- Tax planning and the tax effect on making contributions
- Laws around the access of superannuation benefits and tax effect on the member’s individual tax liability
- Negotiating with the ATO on potential non-compliance issues
- Limited Recourse Borrowing rules and documentation
- Related Party Transactions including the purchase and sale of investments
- In-house asset rules
- Rules around private unit trusts and setting up a compliant structure
- Estate Planning (including death benefit nominations) in conjunction with your assets outside of the superannuation environment
- Review of your current trust deed to ensure the rules allow your proposed retirement strategies