Compliance issues are the requirements set by the Australian Taxation Office regarding accounting and taxation. It is essential that every business owner/ operator is aware of these requirements. Whether your concerns are taxation, accounting, business planning, cashflow and budgeting, or business valuation, you can be rest assured that our staff are available to advise you.
Our complianceservices include:
Preparation of financial annual accounts
Preparation of periodic management accounts
Book-keeping services
Maintaining BAS, IAS and GST records and associated returns
Setting up an SMSF fund is the simplest step. Establishing a fund which delivers you consistent returns from your investments is much more difficult.
Investing successfully involves determining precise goals and picking investments which will effectively achieve those goals. The advantage of SMSFs is that you can build a portfolio which reflects your short-term and long-term goals in response to changing market conditions.
In an SMSF fund, your investment options are:
Australian and international shares (listed and unlisted)
Residential or commercial property
Cash and term deposits
Fixed income products
Physical commodities
Property
Collectibles
Before you begin investing, consider what might be the best way to diversify your portfolio. How you portion your investments will depend on your funds, the market, and your goals. Regardless of what your plan is, diversification should be a priority.
Choosing an SMSF as opposed to an industry or retail super fund provides you with more flexibility, but also with more responsibility. Researching before investing is key if you want the best out of your SMSF.
