Rees Pritchard Pty. Limited have a high level of technical expertise and extensive “hands on” experience in all areas of superannuation. This enables us to address the wide range of complex issues facing all superannuation matters.
Establishment of Self Managed Superannuation Funds
If you wish to control your own superannuation, then together we can design your own superannuation fund, to meet your specific needs, and provide accounting, taxation and audit services for your fund.
Unlike many other self managed superannuation fund services, Rees Pritchard Pty. Limited charges a flat fee for establishment of your superannuation fund and not a percentage of the funds you invest. If you are establishing a large superannuation fund, Rees Pritchard’s fee structure may represent a significant saving.
Rees Pritchard specialises in providing the following services:
- Arranging for the preparation of the Trust Deed
- Providing draft minutes for the trustees
- Completion of membership application forms
- Preparing and lodging the election for regulation of the fund
- Completing and lodging the tax file number and ABN application forms
- Establishing the fund’s cash management account
- Assistance in the preparation of the fund’s investment strategy
- Assistance in rolling over existing benefits (Max 2 per member)
- Arranging relevant insurance for members if required
We have systems established to enable the efficient completion of all statutory compliance needs of superannuation funds. This enables us to provide the services required by our clients from the time of establishment of their superannuation funds through to their retirement.
We can help you with:
We are here to assist you in establishing your fund which includes: provision of a trust deed, registration for an Australian Business Number (ABN), Tax File Number, and Goods and Services Tax (GST), setting up a company to act as corporate trustee, coordination of nomination of beneficiaries, provision of membership applications and notice to become a regulated fund and assistance with rollovers for other superannuation funds.
Compliance administration required by the Australian Taxation Office (ATO)
Our team will help with the administration elements of your SMSF – this includes: accounting administration, annual financial statements, annual member statements, tax and regulatory returns, providing trustee minutes, pay as you go (PAYG) payment summaries, flexible approach depending on accumulation or pension phase.
We take care to give attention to every detail and this includes your pension. Our team will assist you to establish your pension, including transition to retirement pensions. We’ll calculate the characteristics of your pension, produce all of the notifications and minutes required, advise the level of initial pension that is available, facilitate lump sum payments and help monitor minimum and maximum pension thresholds.
No Asset Restrictions
Our SMSF provides zero asset restrictions including: cash and term deposits, direct shares, managed discretionary account (MDA), separately managed accounts and managed funds, direct commercial or residential property, artwork and collectables, derivatives such as futures and options and overseas equities.
We will go ahead and organise the appointment and completion of an independent audit for each SMSF as required by the ATO and we will appoint SMSF Registered Auditors.
Comprehensive company maintenance service for Corporate Trustees and Administration of Corporate Trustee’s ASIC compliance and annual review requirements.
Support & Information
We provide local expert SMSF advice and support to all referring Planners, Advisors, Stockbrokers and Accountants, information updates to Trustees on legislative responsibilities and more.
We can assist with establishment of a ‘limited recourse borrowing arrangement’ within the SMSF and coordination of the client’s solicitor, financial institution and planner in ‘limited recourse borrowing arrangement’ establishment (where necessary).
We can also provide you with: Tax Planning for superannuation, Trust deed amendments or replacement, Trustee appointment or removal, Existing fund takeover, Fund asset segregation, Actuarial certificates, Overseas transfers (including QROPS), Taxation Services for all Individual or Business Entities and Portfolio Management.
If you would like more information please contact us at firstname.lastname@example.org