A self-managed super fund (SMSF) is a popular alternative to traditional superannuation funds for many reasons:
- SMSFs give you greater control and flexibility to invest in certain assets, including direct shares and property, including your own business premises.
- SMSFs are customised wealth creation and succession vehicles that can provide tax-effective income streams to individuals at retirement age
- SMSFs have a low tax rate of up to 15 per cent, providing strong tax incentives to investors and business owners wanting to take a more active role in preparing for retirement
The Advivo Superannuation team, who are all based in Brisbane aims to provide you with simple and effective advice that allows you to make the right choice for your SMSF while helping you manage the ongoing compliance and legal obligations required.
An SMSF is not for everyone and should only be considered when the fund is of an appropriate size. If you would like to discuss if this is the right decision for you, talk to one of our specialist SMSF accountants in Brisbane today. Please note, that specialist advice from a licensed financial planner may be required in some circumstances, which our team at Advivo can arrange.