You can take control of your retirement nest egg with a Self-managed Super Fund (SMSF). SMSF’s have a range of benefits including minimising tax in retirement, making your own investment choices and saving on administration fees. We can work with you to set-up your super fund, assist with investment strategies and work with you on its ongoing management, making it easy to take total control of your super.

About SMSF’s

A superannuation fund is a scheme for the payment of superannuation benefits upon retirement or death.

A Self Managed Superannuation Fund is a superannution fund with fewer than five members that satisfies the conditions in SISAs17A

Popularity is due to:

• Independence and Control
• Flexibility
• Tax effectiveness
• Estate planning and disability
• Costs

Salary Sacrificice into Superannuation

Choose to contribute part of pre tax income into superannuation instead of receiving salary or other benefits.
Requirements:

• Agreement between employee and their employer
• Agreement made before employee entitled to payment
• No access to the sacrificed salary

Advantages:

• Super contribution taxed at maximum 15% in super fund rather than the highest personal tax rate of up to 46.5%
• Investment earnings in pension phase nil tax, 15% in accumulation phase

Concessional contributions include employer contributions (including salary sacrificed amounts) and personal contributions claimed as a tax deduction by a self employed person. The cap for 2011 – 2012 income year is $25,000. For people aged 50 years or over, an increased concessional contributions cap applies until 30 June 2012 of $50,000.
Non Concessional contributions include personal contributions for which you do not claim an income tax deduction. The cap for 2011-2012 is $150,000. People under 65 years may be able to make non concessional contributions of up to three times their non concessional contributions cap over a three year period – this is called the “bring forward” option.