YOUR RETIREMENT FUTURE, PROTECTED & SECURED

Elate Tax Services offers a comprehensive range of services designed to support your Best Self Managed Super Fund in Melbourne through every stage of its life. Our goal is to clarify the rules and make managing your fund straightforward.

SMSF Establishment Guidance. For those looking to set up an SMSF, we provide assistance with the necessary steps, including advice on establishing the trust deed and helping with the fund’s registration to obtain its Tax File Number (TFN) and Australian Business Number (ABN) with the ATO.

Ongoing SMSF Administration. We assist with the daily and annual record-keeping for your fund. This includes maintaining accurate financial records, preparing clear annual financial statements (like the Statement of Financial Position and Operating Statement), and helping with the documentation for contributions and payments.

Complete SMSF Compliance and Reporting. Meeting the ATO’s annual requirements is essential for an SMSF. We carefully prepare and submit your fund’s yearly income tax return. A key part of our service is also preparing your fund’s documentation for its annual independent audit by an approved SMSF auditor and acting as a contact point during this review. We help confirm that your fund follows all superannuation rules, including investment guidelines and member transaction requirements, ensuring its legal operation.

SMSF Tax Guidance. We provide clear guidance on the tax aspects related to your SMSF. This includes understanding the tax effects of different investment choices, rules around contributions, and specific requirements for pension payments. Our aim is to help you manage the tax position of your Self-Managed Super Funds in Melbourne effectively and correctly.

Regulatory Liaison. We assist with communication with the ATO and your independent auditor regarding any compliance questions or matters that may arise, helping to resolve them efficiently on your behalf.

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