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Our firm’s values

Responsiveness
We recognise that financial growth can only be achieved through mutual values and understanding. That’s what makes us flexible enough to respond to the needs of the client whilst offering comprehensive assistance to your financial queries.

 

Reliability
We understand the time pressures facing your business. That’s why we strive to provide up-to-date, accurate and timely service solutions to your financial growth issues as a crucial element of our firm culture.

 

Aptitude
For a business to grow, it is of utmost importance to be at the forefront of industry trends. Therefore, as a firm we continually familiarise ourselves with our surrounding business environment in order to maintain a lead in accounting initiatives and services.

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News

What disqualifies you from an SMSF

May 20, 2019

SMSF’s are regulated by the ATO and have specific eligibility criteria that members and trustees must follow. While anyone 18 years old or over can be a trustee or director of an SMSF, they mustn’t be under a legal disability, such as mental incapacity, or a disqualified person.

The ATO can render an SMSF trustee as a disqualified person if they see the need, particularly in relation to illegal early access breaches. There are other ways a person may become disqualified and some may not even realise they have been. Continuing to act as an SMSF trustee or director of the corporate trustee while disqualified is an offence, further penalties may apply.

A person is disqualified if they:

The ATO has a Disqualified trustees register to see if an individual has previously been disqualified. The register provides information and easy search options to help determine whether a potential trustee has been disqualified. It is updated quarterly and includes all individuals who have been disqualified since 2012 (when the information was first published electronically).