As the Government is encouraging Australians more and more to take responsibility for reaching their financial retirement goals, taxpayers are repeatedly required to deal with the complex area of superannuation. Superannuation may be utilised as a tax minimisation strategy via a method such as salary sacrifice.
LMP Accountants has a strong knowledge of retirement planning strategies, from maximising contributions to Transition to Retirement and Account Based Pension strategies. We have a very strong connection with financial planning firms with specialist knowledge in these areas.
Superannuation law is a delicate area and personalised planning is required for each individual.
Self Managed Superannuation Funds
Self managed superannuation is a means for saving for retirement. It allows you to have personal control of your investment strategy whilst having some control over administration costs.
There are so many do’s and don’ts when it comes to Self Managed Superannuation Funds – make sure you speak to our Superannuation experts at LMP Accountants before creating a SMSF.
Self managed superannuation fund establishment
Acceptance of employer to contribute to superfund
Admission of member to superfund
Superannuation fund administration
Retirement planning and advice
Superannuation Lump Sum summary calculations and preparation
For assistance with all your superannuation and SMSF queries…
“This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs”.
The partnership of LMP Accountants Pty Ltd as trustee for the Haycraft Practice Trust and LMP Accountants Pty Ltd as trustee for the Vetere Practice Trust, ABN 41 550 767 997, Australian Financial Services License Number 489200