CD&G Accountants, FAQ

What is a SMSF?

SMSF stands for “self-managed superannuation fund”. For many of our clients in Geelong, SMSFs have been extremely beneficial in retirement planning.

Are CD&G Accountants able to assist in SMSF set up?

Yes we are. We have Geelong accountants who are very experienced in setting up SMSFs as well as coming up with SMSF strategies that will best suit our clients.

What is a BAS?

BAS stands for “Business Activity Statement”. The BAS is a form that all businesses must submit to the ATO to report on their taxation obligations. BAS lodgement must now be done electronically.

Can I salary sacrifice income into my SMSF?

Indeed you can. There are particular rules as to when you can salary sacrifice income into your SMSF as well as limits on amounts that can be deposited. We can advise you on the transition to retirement pension and transition to retirement requirements for salary sacrificing.

Does CD&G Accountants work with businesses in the agricultural industries?

Our CPAs and accountants have extensive experience in the area of Geelong farm accounting and accounting for agriculture.

I understand that the preparation of financial statements is a vital part of my tax compliance. Can I get advice or assistance with this?

Yes you can. CD&G Accountants provide comprehensive financial statements preparation for your business.