Are you considering a self-managed super fund as an investment for your retirement?
Self-managed superannuation funds (SMSF) have grown in popularity in recent years, allowing members greater control in determining how their superannuation funds are invested. Nexis provides a comprehensive administration service, giving you up-to-date information to maintain your SMSF’s compliance obligations.
SMSF services we offer
Ongoing advice on SMSF compliance matters
We are constantly monitoring for changes to superannuation legislation, taxation, and employer obligations. Our SMSF tax team helps you prepare the required documentation for your super fund tax returns in time for the super due dates. We do this so you can get the most out of your super fund while having complete peace of mind.
Nexis manages the following for our SMSF clients:
- Preparation of annual financial accounts, including profit and loss statement, the balance sheet and members’ statements
- Preparation of income tax returns
- Preparation of independent audit of the financial statements and the income tax return
- Pension establishment administration
- Death benefit nomination compliance review
- Investment strategy compliance review
- Super transfer balance account reporting
Facilitate the administration of the SMSF borrowing process
If you want to borrow within your superannuation we can put you in touch with the right people to manage this, while we facilitate the administrative process.
Borrowing in superannuation
SMSF borrowing requires account holders to meet specific conditions before proceeding. Our trusted team can help you to comply with all necessary conditions required when borrowing in superannuation.
Financial advisor referrals
Before setting up an SMSF we recommend you speak to a qualified, licensed financial advisor to help you decide if an SMSF is right for you. We have built a network of trusted professionals that we use ourselves, across various industries and professional services, so contact us if you like a referral to our preferred SMSF investment advisors.
Alternatively, visit the Australian Securities and Investments Commission which provides guidance on how to find an advisor that suits your needs.
SMSF administration services
Upon advice from your financial advisor, we can assist you with the administration required to set up and maintain your SMSF.
Nexis prepares the file and supporting documents and supplies them to the independent auditor prior to the return being lodged.
Preparation and lodgements of financial documents
Our SMSF administration team can prepare and lodge the financial statements and tax return that are required for owning an SMSF account, including:
- Annual financial statements
- Tax return
- Business activity statements
- Binding death nominations
- Investment strategy
- Facilitating the preparation of actuarial certificates
Our team is well-versed with minimum pension standards imposed by the Australian Taxation Office and ensures you meet these standards.
It’s easy to make the switch to Nexis for your SMSF accounting and administration. Speak with one of our self-managed super fund team members today.
Get in touch with Nexis
Talk to our friendly team today about all your tax needs.
Our news about Self Managed Super Funds
Whether it’s a self-managed super fund (SMSF), industry super fund or retail super fund, there is a lot to consider when choosing a super fund that’s right for you. So, what’s the difference between them? SMSFs SMSFs are managed by their members, who are either...
Managing your retirement savings through a self-managed super fund (SMSF) can be enticing. SMSFs have gained popularity in recent years because of the control in shaping your superannuation investments. As you contemplate this avenue, it's crucial to understand the...
In recent years, many Australians have been looking to invest their money and become financially independent. This has seen an increase in the number of self-managed super funds (SMSF) and investments in cryptocurrencies (crypto) such as Bitcoin or...
As a business owner, you probably already know that lodging on time with the ATO is an integral part of keeping your business moving. It allows you to stay on track with your accounting and bookkeeping and employee requirements like Payroll and Superannuation. At...
The National Cabinet Mandatory Code of Conduct outlines a set of good faith principles for commercial tenancies for providing rent relief to tenants affected by COVID. What if that property is owned by a self-managed superannuation fund? The Code of Conduct states...