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Self Managed Superannuation - super made easy for you

Is your SMSF Tax Compliant?

Confidence in your Self Managed Superannuation Fund's (SMSF) compliance with evolving taxation and regulatory controls can be even more important than its investment flexibility, tax efficiency and access to your fund's day-to-day performance details. As an LBW client you can expect and receive superior advice and optimum service standards that ensure your savings, tax advantages and retirement are not compromised by a non-compliant fund structure or flawed investment strategy.

To request information on your SMSF's compliance e-mail, phone (+61 2) 9411 4866 or complete an on-line enquiry to gain access to the knowledge and experience of a LBW superinduction specialist.

Check your current SMSF performance online

One of your many advantages is the LBW SMSF administration service, secure, real time on-line access to your own fund's performance data, meaning you will never again have the frustrating 12 month annual wait before receiving an outdated investment summary.

Australians have an ever increasing volume of savings invested within almost half a million Self Managed Superannuation Funds. As individuals' super assets have grown, many have sought to gain control over the day-to-day management of their superannuation.

Professional super consultants who can provide strategy and advice

Greater control over the timing of asset disposal, and easier tax management are advertised as some of the major benefits of SMSFs. Subject to certain restrictions, your SMSF can access investments that are not always available in a public offer superannuation arrangement. These include investing up to 100% of the fund's assets in business real property and alternative investments for example instalment warrants, artwork and specialist assets. In addition, a properly developed LBW investment strategy for your SMSF may permit you to choose far less diversification in asset selection than would be permitted in a large fund.

A valuable SMSF benefit can be their ability to retain your accumulated capital gains in the fund through its accumulation phase for realisation during the pension phase. The capital gain on an asset can be deferred until your retirement, and then rolled over to an account based pension, thus avoiding realisation of the capital gain on the asset.

Another notable consideration is that your SMSF may, if eligible, be able pay tax annually, rather than on a quarterly basis. This may occur if your fund's 'notional tax' due on business and investment income (including notional net capital gains and losses), is less than $8,000 in an assessable income year, if your fund is unregistered or has no need to be registered for GST. Your SMSF may even be able to defer tax payments, providing your fund with the opportunity to benefit from significant additional earnings on retained tax monies.

The ability to tax-effectively manage your super, is reliant on the professional advice of a superannuation specialist, and the added reassurance provided by instant access to your fund's up-to-date investment and performance data. LBW & Partners provide the advantage of both, balanced and impartial guidance only available to you from ethical professionals that are Chartered Accountants as well as Financial Planners, plus LBW's SMSF administration service to empower you with your own real-time superannuation investment data.

If you do not already subscribe, take this opportunity to peek inside the LBW SMSF administration service to see for yourself the many practical benefits that a private window into your own superannuation investment portfolio can provide.

FREE review and appraisal of your current SMSF

You should consider the advantages of having an LBW superannuation expert investigate, review and provide you with a suitability appraisal of your current super fund arrangements. You will receive unbiased professional advice on whether you will benefit from staying within your current SMSF, your industry fund or a public offer super fund. Enabling you to review all your options and future aspirations in the knowledge you gain from an LBW appraisal.

Make contact via e-mail, phone (+61 2) 9411 4866 today or complete an on-line enquiry right now to secure an obligation-free consultation, so an LBW partner can review your superannuation needs and give you the superannuation, investment and capital gains tax advice that only Australian Chartered Accountants and CPAs are qualified to provide.

LBW & Partners is a top Sydney chartered accountancy, auditing, business consulting and financial planning firm providing corporate business strategy, personal accounting services and tax planning advice to professionals. LBW's CPA and chartered accounting services cover all aspects of your Australian business' taxation including capitol gains, payroll tax plus tax effective asset management and company audits. Unlike most Sydney accounting firms, LBW also extends personal tax minimisation, wealth creation and self managed super advice in addition to corporate and management accounting needs for businesses on Sydney's North Shore and across Australia.

Every care has been taken with the information provided on this website. However, LBW Financial Services Pty Limited reserves the right to correct any errors or omissions. This website is for information purposes only and should be read together with your selected Product Disclosure Statement (PDS). Should there be a discrepancy between this website and the PDS, the PDS will be the final authority. Advice contained in this website is general and does not take into account your personal circumstances or investment goals. Therefore, you should not rely on this web pages content when making personal investment decisions. For advice that takes into account your own personal circumstances, you should talk to a LBW professional investment adviser & financial planner.

LBW Financial Services Pty Limited trading as LBW Wealth Management is a Corporate Authorised Representative of Wealthsure Financial Services Pty Limited (AFSL Lic. No. 326450)

LBW & Partners, Sydney Australia
Personal chartered & business accounting services. Financial advisors & superannuation planning.
Ph: 61 2 9411 4866 Email: mail@lbw.com.au