Calculate The Taxes On Superannuation Australia With the Help of Experts! Self-managed superannuation Australia funds are the best way to invest your money and get better results as compared to the other investments. As these funds are formed by people and managed by the members themselves, the tax liability rules are a bit different. The members have to pay the taxes to the government for the fund every financial year, and they also have to calculate their tax liability. Even though it is a rule for the SMSF, that only the members can manage the investment and they cannot invest through any investment agency, they can hire a tax agency to help them in assessing their tax liability and preparing the tax returns for them.
Advantages of hiring the tax agency for SMSF • The expert chartered accountants can calculate the superannuation rate and audit the finances of the SMSF and estimate the tax liability for every financial year. Address Level 5, Edgecliff Centre, 203-233, Edgecliff NSW 2027 Email:- info@superannuationtaxreturns.com.au Phone:-02 9328 3013, Fax:- 02 8415 7116
• The agency or firm can also prepare the tax returns for the superannuation funds so that the members don’t end up paying more taxes than they owe or fewer taxes than their actual tax liability. • Such an agency can also help the members by offering relevant information about all the investment options so that the members of the superannuation fund can make an informed decision. This information can be very useful to the members as they can invest in options that pay highest returns.
As the SMSF are managed by the members themselves, not every member is knowledgeable about the tax assessment, tax audit and preparation of the tax returns. Therefore such tax agencies can help the members in managing their funds in a better manner by paying the exact amount of tax as per the assessed tax liability. The in- depth information about the rate of returns and the risks involved in the different investment options is also a benefit for the SMSF members.
Address Level 5, Edgecliff Centre, 203-233, Edgecliff NSW 2027 Email:- info@superannuationtaxreturns.com.au Phone:-02 9328 3013, Fax:- 02 8415 7116