Name: Profusion Tax & Accounting
Address: Regus Business Centre, Level 1, 1 Burelli Street, WOLLONGONG, NSW, 2500, Australia
Telephone: 0452 210 072

The Most Reliable SMSF Accountant in Wollongong

Are you looking forward to securing your future with the assistance of expert SMSF accountants in Wollongong? Profusion Tax & Accounting has to be your one-stop solution. We are a team of skilled and qualified accountants who would offer specialised accounting service, elevating your self-managed superannuation funds.

Our SMSF accountants in Australia work in close coordination with you to take the trouble out of our SMSF accounting, and provide you with greater control over your retirement.

All you need to do is to refer to the Self Managed Super tab of our website, to know more. You can also call us @ 0452 210 072 to have your queries resolved, for consultation and SMSF advice.

What’s The Advantages of SMSF?

A SMSF offers the opportunity to make your life as prosperous as it can be, following your retirement. It gives you the chance to take control of all your retirement savings, and assist you to make the most of your health.

When you have a SMSF, it gives you the following advantages:

● Investment Flexibility & Transparency
● Greater control over your funds
● Tailored income post-retirement
● Life Insurance Benefits
● Lower Costs

Besides, our experts come up with tailored assistance with SMSF tax returns in Wollongong, assisting you in filing tax returns in time.

In What Way Do Our SMSF Specialists in Wollongong Assist You?

Our SMSF specialists in Wollongong help you in the following way

● Establishing SMSFs
● Setting up contribution strategies (including amounts, types, withdrawal re-contribution)
● Setting the most fitting pension strategies (account-based and transition to retirement)
● Transfer of business real property into superannuation
● Withdrawals, commutations and limited recourse borrowing arrangements
● Provision of setting up asset class investment strategy, based on assessment of your risk profile
● Winding up your SMSFs

How Can Our Wollongong SMSF Accountants Help?

Our SMSF accountants in Wollongong help with:

● Setting up an SMSF that meets your needs
● Managing your ATO compliance
● Professional advice and support all along your SMSF duration
● Organising all your documents, finances and certificates
● Expert management and overseeing of your SMSF

Reach Out To Us Now! See How We Can Assist You With Acquiring An SMSF

Contact us @ 0452 210 072 to book an appointment with us, or fill up the contact form and submit it. We will reply immediately.

FAQs

1. What is a SMSF?

A self-managed super fund, also known as SMSF is a fund that you can manage all by your own. You can choose your investment, the insurance, and you can have complete control over your retirement savings.

2. How can I set up my SMSF?

You can set up your SMSF with the following steps:

● Determining your trustee structure
● Receive your SMSF-related documents
● Setting up your SMSF account
● Rolling over your existing superannuation and start contribution
● Defining and implementing your SMSF strategy
Nevertheless, our experts can help you go for a seamless SMSF setup in Wollongong

3. Can I purchase residential property with SMSF?

Yes you can do so. However, you cannot purchase the property from a party related to the fund. However, if you purchase the property from an unrelated party, you or anyone related to you will not be able to stay in the property.

4. Will I be able to rent a property that my SMSF owns?

It depends. You can lease out your business real property or commercial property to the members and the related parties. However, your cannot lease out your residential property.

5. Will you handle my tax returns after I become an ABN-registered sole trader?

Yes, we can still do that for you! We’ll help you with ongoing tax obligations, bookkeeping, and compliance. We’ll also thoroughly review your ABN registration to ensure your business is on track with up-to-date, correct details.

SMSF Accountant Wollongong