Elite Accounting Solutions
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Superannuation

What can and can’t be done with your SMSF?    SMSFs are one of the most highly regulated entities in tax law, and can be one of the most advantageous for tax planning.  As Trustee of the SMSF, you have to be fully informed and understand your oblilgations.  If you don't manage the SMSF correctly, you can be found in breach of legislation by the Commissioner of Taxation and face civil or legal penalties.   Trustees of SMSFs must be aware of legislation regarding complex issues such as:   Contributions made by you or your employer Types of investments allowed to be made by SMSFs Who from and how much these investments can be bought from Pension payment (if applicable) Record keeping requirements for audit purposes   We are not only can help you SMSF tax compliance but also with tailored advice for your unique situation. We will assist you with borrowing, gearing and avoiding regulatory pitfalls. 
Added by Elite Accounting Solutions on Tuesday 9 September 2014
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