What is the importance of an SMSF accountant?
An SMSF accountant is not your average number cruncher. They don’t just do tax returns and send you a bill. They manage the accounting ofentire financial life of your self-managed super fund – from preparingyour accounts and processing contributions to making sure your fundmeets every single ATO requirements. And when you’re dealing with your retirement […]
What advice can an SMSF accountant provide?
Let’s be upfront – at Quick SMSF Accountants, we don’t offer financial advisory services. We are not here to tell you where to invest or whichasset class to chase. But what we do offer is something just as powerful– SMSF accounting and SMSF tax return services that give you crystal-clear insights into how your fund […]
Benefits of using an onshore SMSF accountant
Choosing the right onshore SMSF accountant could be the mostimportant decision you make for your retirement fund. How come? Running an SMSF isn’t just about investing in shares or buying aproperty. It’s about managing a legal structure under some of thestrictest tax rules in Australia. This is not something your regularaccountant – or a cheap […]
Can my personal accountant act as my SMSF accountant?
Managing your own super fund isn't a simple, regular thing. It's not justabout doing a few tax returns or setting up a fancy account. It's aboutfollowing strict rules. It's about lodging the right report. It's about keepingthe ATO happy. That's why you can't just hand it over to your regular accountant andhope for the best. […]
What software applications do SMSF accountants work on
Managing a self-managed super fund is a complex undertaking. It requires accuracy, compliance, and efficiency. Unlike general accounting, SMSF accounting involves completely different regulatory requirements and reporting standards. To meet these requirements, all professional SMSF accountants in Australia depend on specialized software applications. These software applications are designed to facilitate fund administration and ensure compliance […]
Does an SMSF accountant have to be different from an SMSF auditor?
Yes, they must be different. It’s the law. Every self-managed super fund must go through an annual audit. It's arequirement set by the Australian Taxation Office (ATO). The auditincludes two things: a financial audit and a compliance audit. The auditis done to make sure that your SMSF is working within thesuperannuation laws, and all your […]
Do SMSF accountants also lodge tax returns?
Yes, if they are registered tax agent with Tax Practitioners Board. In fact, lodging the SMSF annual return is one of the most important things your SMSF accountant does. But we need to make one thing clear – lodging tax return for an SMSF is not the same as lodging a return for a business […]
How much do accountants charge for SMSF?
Most firms will quote you between AU$ 1500-AU$ 2000 per year. That’s the usual SMSF accounting charge, and in many cases, it only covers the basics – financial statements, tax return prep, and audit-ready reporting. If you have a more complex fund, the price can creep up. If you add pension phase, contributions from multiple […]
How to become an SMSF accountant?
How to become an SMSF accountant, step-by-step An SMSF accountant is trained to handle one of the most regulated financial structures in Australia, the self-managed super fund. In this post you will learn how one becomes an SMSF accountant. 1. Start with the right qualification to become an SMSF accountant To become an SMSF accounting, […]
What is an SMSF Accountant?
When you choose a self-managed superannuation fund (SMSF) over traditional super options, you decide how your retirement savings are invested – in property, shares, or even gold bars. You are the trustee. You make the call. But an SMSF is not just a bank account with a fancy name. It is highly regulated. It is […]