Self Managed Superannuation

An SMSF is a private superannuation fund you manage yourself, with up to six members. As a trustee, you control investment decisions, but you're also responsible for compliance with strict ATO and regulatory requirements. Raymond Partners handles the administration and compliance so you can focus on your investment strategy.

An SMSF is generally most beneficial for people with superannuation balances above around $200,000, who want control over their investment strategy, or who are business owners wanting to hold business premises inside super. Raymond Partners can assess your personal situation and advise whether an SMSF suits your retirement goals.

SMSF financial advice is provided by Sebastian de Ligt, Authorised Representative (No. 1269983) of the SMSF Advisers Network. Kevin Jennings and Stephen Raymond provide SMSF accounting and compliance services. Leanne Cruwys is a registered SMSF auditor who can perform independent audits of your fund.

Setting up an SMSF involves establishing a trust deed, appointing trustees, registering with the ATO, obtaining a Tax File Number and ABN for the fund, and opening a separate bank account. Raymond Partners manages the entire establishment process to ensure your fund is set up correctly from the outset.

SMSFs must prepare annual financial statements, have the fund independently audited by a registered SMSF auditor, lodge an annual SMSF tax return with the ATO, and pay an annual supervisory levy. Raymond Partners handles all of this, including co-ordinating the independent audit and lodging your annual return on time.

Yes. SMSFs can invest in residential and commercial property, subject to strict rules. Business owners can hold their business premises in an SMSF and pay arms-length rent to the fund. Raymond Partners can advise on what's permissible and how to structure property investments correctly.

When you reach preservation age and meet a condition of release, your SMSF can shift into pension phase. Assets supporting pension payments are generally exempt from fund earnings tax. Raymond Partners will guide you through the transition to ensure maximum tax efficiency.

The ATO requires trustees to review the investment strategy regularly, at minimum annually or when there is a change in member circumstances. Raymond Partners can help you document your investment strategy review as part of annual compliance obligations.