Why you should consider setting up a SMSF

SMSF (Self Managed Super Fund) is one of the best ways to invest your hard earned

money. This is because it provides a number of benefits, which you can reap. Let us

take a look at some top reasons, why SMSF Setup is beneficial for you.

There are SMSF auditors and administrators to help with your SMSF management,

but they charge big fees. Many times they charge different fees for SMSF set up, SMSF

audit , transfer etc. towards the end of the year you thus end up spending huge sums

just on their fees. DIY super, can help you save all that money you would have

otherwise spent as fees. Secondly it gives you complete control over your fund, you

have the total freedom to manage it as you want and are responsible for the returns.

SMSF Administration to Increase Your Assets and Investments

To buy a SMSF property, you can come across many other investment options; select

from a range of shares, property reliance and manage funds and stable as well as

constant interest. Before having a SMSF administration, you should have knowledge

about SMSF investment strategy and SMSF borrowing. If you do not have enough

knowledge, you should hire an excellent advisor or broker. You also have an option of

an SMSF auditor, an independent SMSF specialist and even consulting a lawyer to

help you with the same.

Consider one or more professional while setting up your fund. These are an agent who

can complete and makes annual income tax and regulatory return of your fund and

offer you an advice on taxation. As per super laws, you are also required to appoint a

SMSF auditor to audit the fund. They also help in SMSF administration, setting up a

SMSF or to manage DIY Super.

ICare Super Cares for SMSF Administration and SMSF Audit

With its SMSF administration services the company aims to help people manage their

funds appropriately so that it not only earns them money but also is in accordance

with the latest rules laid down for SMSF management. SMSF is complex, people can

include lot many things in it under different clauses based on their requirements. Here

if the investment is not as per the laws then they can be subject to penalty, hence

an SMSF audit is a must. I Care Super has also helped people with their SMSF audit,

ensuring that every investment made is as per the acceptable policies.

If you are not confident about DIY super then you always have the option to work with

SMSF auditors, they are people with specialized knowledge of the whole thing, and

can easily suggest whether your fund in moving in the right direction or not. Through

an SMSF audit you can even know the faults in your investment policy. This is

another way to make sure you earn good from your, self managed super funds.

iCare Super

Level 1, 1 Oxley Road

HAWTHORN VIC 3122 Australia

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