Do you have a Self Managed Superannuation fund (SMSF)? At Nexis Accountants & Business Advisors, we can create one for you, help keep it compliant and prepare the books on our specialized superannuation software.

Benefits of setting up a SMSF:

• A SMSF is perfect for the DIY investor who prefers to make their own investment choices for their retirement rather than leave their superannuation to be invested by others.
• Increases the flexibility of investment choices and the asset selection gives you total control over how your superannuation is invested.
• There is no minimum amount required to setup a SMSF.
• Provide you with the opportunity to reduce income tax on investment income and capital gains.
• Provide control over your total investment portfolio, with the ability to take account of the risk profile of all your assets, including those held outside superannuation.
• SMSF have between 1- 4 members in the fund and allow the pooling of resources of others with similar financial objectives (for example, a family unit).
• Provide maximum flexibility in relation to the use of pension income streams such as Account Based Pensions inclusive of Transition to Retirement Income Streams.
• Increased flexibility to use the advantages superannuation offers for those people trying to access Centrelink benefits such as the age pension.
• Gives you the ability to transfer personally owned shares and other listed securities directly into superannuation.
• Gives you the ability to own your business' real property (but not operating assets) in the superannuation fund, assisting funding and cash flow problems for your business.

The team at Nexis Accountants & Business Advisors can attend to all the aspects of the setup and maintenance process for you. Give us a call!