Self Managed Super Funds (SMSF)

If you want to self-manage your superannuation funds, we can provide advice and assistance. We can advise you on financial and taxation matters and put you in touch with relevant organisations to set up a structure and fund that meets your needs.

There are several trust laws and legislative requirements for setting up a self-managed superannuation fund (SMSF).

Our SMSF advisory services

We can assist you with setting up the SMSF as well as providing:

  • Advice on compliance matters
  • Advice on taxation benefits
  • Advice on employer obligations

Legislative requirements when setting up a SMSF

  • Obtain a trust deed
  • Appoint trustees
  • Sign a trustee declaration (NAT 71089)
  • Elect to become a regulated fund
  • Obtain a tax file number (TFN)
  • Obtain an Australian business number (ABN)
  • Arrange for the fund to be audited

Speak to us today

At Thorntons Business Advisors we provide the professional advice you need to set up your own fund and greatly simplify the process for you.