SUPERANNUATION

SMSF, retirement income and personal investment

We’re here to help you achieve the retirement life-style you really deserve with personal wealth creation, cost-effective SMSF set-up and administration, and growth strategies for investments and superannuation.

Our background in SMSF

At Billings + Ellis we have been active in the self-managed superannuation fund (SMSF) area since the early 1990s. We manage the accounting, administration, taxation and audit functions for over 130 SMSFs. A large and growing number of these are also paying account-based pensions. We have also recently started moving our clients across to a cloud-based accounting solution

Cloud-based SMSF administration

Similarly to how small business clients are migrating their accounting systems to an online solution, trustees of an SMSF can now enjoy the same convenience. We can migrate your SMSF accounts onto a third-party accounting platform, providing you with the ability to login via the web to see your investments and transactions in your SMSF in real-time. You can see what your account balance is worth at any moment. This also makes the year-end compliance requirements much easier as a lot of the accounting work is already done.

SMSF audits from $300 + GST

Minimal fees and charges

Our firm charges realistic prices based on our time spent administering your fund – not on the volume of transactions, or a percentage based on the size of the fund.

It’s good to know that our fees start at $850+GST for accounting and taxation services. For the funds where we act as the accountant, we have negotiated a small fixed price of $230+GST for the audit of the SMSF by an external auditor. For the funds where we do not act as the accountant, our audit fee starts from $300+GST. Cost-effective SMSF administration is one of the hallmarks of Billings+Ellis.

SMSF services

We can provide all the services you would need in relation to self-managed superannuation funds:

set up of the SMSF including trust deeds, and all related documents, including completing all relevant registrations

preparation of annual financial statements, tax returns and member statements to ensure compliance with legislation

provision of audit services (via a third party)

provision of actuarial services for pension funds, as required (via a third party)

set up of a company to act as a corporate trustee, and corporate secretarial services as required

administration services with regards to your investments, such as acting as your investment mailhouse

provision of our time on a needs basis to answer your questions about your self-managed superannuation fund, including compliance with the Act, and general investment queries