Compliance is a crucial part of SMSF management. Special rules apply to establishing and running an SMSF. An SMSF must elect to be regulated by the Australian Taxation Office and must supply to the ATO each fund member’s Tax File Number. There are many compliance issues relating to the investments that the fund can hold and the contributions and payments that the fund can make. There are also recording and reporting obligations to consider.
We can help you meet all the compliance obligations of your client’s SMSF. With our comprehensive knowledge of SMSF rules and experience, you can leverage our expertise to ensure your clients’ financial peace of mind. We can liaise directly with the ATO on your behalf, ensure tax compliance, prepare fund accounts and lodge returns.