Maximise your wealth with expert SMSF accounting services in Geelong

February 7, 2025

Managing your own retirement savings can be empowering, and with professional SMSF accounting services in Geelong, you can take full control of your financial future while ensuring compliance and efficiency. Self-Managed Super Funds (SMSFs) offer a unique opportunity to build wealth with greater flexibility and control over investments. However, managing an SMSF requires expertise in tax obligations, regulatory compliance, and strategic financial planning.

At CD&G Accountants, we specialise in SMSF accounting services in Geelong, helping individuals and businesses navigate the complexities of SMSF administration. Whether you’re setting up an SMSF or need expert guidance on managing an existing fund, our team ensures that your superannuation is working in your best interest.

The advantages of an SMSF

Setting up a Self-Managed Super Fund can provide a range of benefits that aren’t typically available with retail or industry superannuation funds. Here are some of the key advantages of an SMSF:

Greater control over your investments

With an SMSF, you have complete control over how your retirement savings are invested. This means you can choose from a wide range of investment options, including:

  • Shares and managed funds
  • Direct residential and commercial property
  • Term deposits and bonds
  • Cryptocurrencies and other emerging assets

This flexibility allows you to tailor your investment strategy to suit your financial goals and risk appetite.

Tax benefits and flexibility

SMSFs offer significant tax advantages when managed correctly. The income within an SMSF is taxed at a concessional rate of 15%, which is lower than personal income tax rates. Additionally, strategic tax planning can help you optimise capital gains, manage franking credits, and minimise overall tax liabilities.

Cost-effectiveness for larger balances

While SMSFs do have administrative costs, they become more cost-effective as the fund balance grows. Unlike retail funds that charge fees based on a percentage of assets, SMSF costs are often fixed, making them a viable option for those with higher super balances.

Estate planning and succession control

SMSFs provide greater flexibility in estate planning, allowing you to decide how your superannuation benefits are distributed to beneficiaries. Unlike many retail super funds, an SMSF enables binding death benefit nominations that do not lapse, ensuring your wealth is passed on according to your wishes.

The ability to invest in direct property

One of the most significant advantages of SMSFs is the ability to invest in direct property, including residential and commercial real estate. Many business owners use their SMSF to purchase their business premises, allowing them to lease it back to their own company, creating both investment and tax benefits.

Why choose CD&G Accountants for SMSF accounting services in Geelong?

Managing an SMSF requires strict compliance with ATO regulations, regular tax reporting, and careful financial management. Without the right expertise, it can be time-consuming and complex.

At CD&G Accountants, we provide:

  • SMSF setup and registration – We guide you through the process of establishing your fund, ensuring it meets all legal requirements.
  • Ongoing SMSF compliance and administration – We handle tax lodgements, financial statements, and regulatory reporting so you stay compliant.
  • Tax-effective strategies – Our team helps you optimise tax benefits and structure your SMSF for maximum financial efficiency.
  • Investment guidance and structuring – We work alongside financial advisers to ensure your investment strategy aligns with your retirement goals.

With our local expertise in Geelong, we understand the unique needs of our clients and offer personalised service that helps them get the most out of their SMSF.

Get started with expert SMSF accounting in Geelong today

If you’re looking to take control of your retirement savings, ensure compliance, and maximise tax benefits, CD&G Accountants is here to help. Contact us today and our expert team specialises in SMSF accounting services in Geelong, providing tailored solutions to help you grow and protect your superannuation wealth.