An SMSF provides you with the ability to invest your existing and ongoing superannuation into Residential or Commercial property. It provides you with maximum control and flexibility to decide how your funds are invested and how the fund is to operate.
Tax Concessions – Investing in an SMSF has tax advantages that make superannuation a powerful wealth creation strategy.
When you set up an SMSF, you take on the role of either a Trustee or a Director of a Company that is a Trustree.
A trustee is a person or company that holds and invests the fund’s assets for the benefi t of the members. As a trustee or director, you’ll be responsible for running the fund and making decisions that affect the retirement interests of each fund member, including yourself.
You must comply with the super and tax laws so your fund is entitled to tax concessions and members’ interests are protected.