Self Managed Super Funds Norwest
Set Yourself Up For the Future with a Self Managed Super Fund
We will find the smartest investment solutions for you.
Our experienced team of chartered accountants are your trusted source of guidance when deciding if a self managed super fund (SMSF) is right for you.
A SMSF allows greater control over your investment choices. However just like any investment strategy, there are pros and cons which is why you need expert advice to see if a SMSF is the right option for you. Despite the term ‘self managed’, a SMSF is not something that should be attempted without professional guidance.
Contact our experienced team at Chartered Tax Partners Norwest today. We will assess your individual situation and help you decide if a self managed super fund is the right investment strategy for you.
Is a Self Managed Super Fund Right For You?
In order to invest in a self managed super fund, you need to make an informed decision so you know if it is the right choice for you. Our experienced team of Norwest accountants will help you make the right choice.
Benefits of a SMSF
Greater Control
A SMSF allows you to have greater control and understanding of where your money is invested. It gives you greater transparency over its performance and tax treatment. It allows you to align your personal goals with your investment decisions.
Tax Strategy
Take advantage with a carefully planned tax strategy by saving on the Capital Gains Tax. This occurs as you are able to invest in direct property and delay the sale of the asset until your funds are in the pension phase.
Investment Choice
There are a range of investment choices available compared to industry super funds. Other investment options include residential and commercial property, direct shares, high interest cash accounts, unlisted assets and international shares.
Consolidate Superannuation Assets
Consolidate your SMSF by combining with up to 4 other members such as your partner or other family members. This gives you a larger fund balance to invest giving you increased investment opportunities with only one set of fees. If you choose to do this, it must be managed carefully and fairly.
Drawbacks of a SMSF
Takes Time
Even with our expert SMSF advisors on your team, it is important to know a SMSF requires an ongong time investment thorughout the year to ensure the fund is managed effectively.
Associated Costs
Arguably this might be one of the trade offs because the compliance, accounting and planning are all costs associated with setting up and running an SMSF. However it depends on the net asset value of the SMSFs. The higher the value of the SMSF, the cost might be become neglible.
Expert self managed super fund advice in Norwest Made Simple.
We take away the complexity and provide smart accounting solutions to save you time and money.
Talk to our experienced team of Norwest accountants today to see if a self managed super fund is right for you.
Our Management Credentials
