9 Straightforward Steps To Set Up An SMSF Account
Great! You have decided to enter into the club of 1 million+ Aussies with an SMSF account. Having a Self Managed Super Fund is an individually and monetarily rewarding experience for you if you have done its setup correctly. Attention to every detail will safeguard you from getting penalised and help you save your time in the long run. As per the website of the Australia Taxation Office, here are nine simple tips for setting up a Self Managed Super Fund account: 1. Appoint professionals to assist you You can employee a few professionals to help you in setting up and managing your fund. With their support, you can be sure that your fund is run and managed properly. You can think about appointing an accountant, a fund administrator, a legal practitioner, a financial adviser, an auditor, and a tax agent. 2. Select a corporate or individual trustee You are free to select a structure as per your wish – a corporate trustee and an individual trustee. Get in touch with