What’s really involved in running a SMSF?

  • Decide on fund members and trustees;
  • Establish the trust and trust deed;
  • Set up a bank account,
  • Register with the ATO;
  • Create your Investment strategy;
  • Documenting and maintaining records for up to 10 years;
  • Organising employer contributions;
  • Accepting contributions within legal limits;
  • Regularly reviewing the investment strategy;
  • Appoint a registered Self Managed Super Fund auditor;
  • more ….
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CPA Australia - SMSF Accounting
SMSF Professionals Association of Australia