At 542 Partners, we simplify Superannuation. We make sure our clients rest easy by providing peace of mind at an up-front, fixed cost. Superannuation is a complex and ever changing maze of legislation, rules and regulations. The Australian Taxation Office can impose severe penalties for trustees of SMSF’s that don’t comply with the Superannuation Industry Supervision Act, with some breaches resulting in a tax rate in excess of 90%. The experience and knowledge of the 542 team safeguard SMSF trustees against the changing compliance requirements and superannuation legislation. We utilise the latest technology to prepare SMSF financial statements and income tax returns, in real time. Allowing members access to their fund balances, with up to date asset valuations. This transparency ensures members’ funds grow and the return is accessible now, rather than waiting for the end of the financial year to analyse their performance.
Our super services include
- Transition to Retirement Pension
- Retirement pensions
- Binding death benefit nominations
- Legislative compliance
- Eligibility, tax deductibility and tax rates of contributions and pension withdrawals
- Establishment of Self-Managed Superannuation Fund (SMSF)
- Ongoing administration
- Auditing of SMSF’s as required under legislative regulations
- General Advice around SMSF and Asset Classes
General Advice Warning
The information contained in this document has been provided as general advice only. The contents of this document have been prepared without taking account of your objectives, financial situation or needs. You should, before you make any decision regarding any information, strategies or products mentioned in this document, consult your own financial advisor to consider whether that is appropriate having regard to your own objectives, financial situation and needs.
Whilst 542 Partners or GPS Wealth Ltd is of the view the contents of this document is based on information which is believed to be reliable, its accuracy and completeness are not guaranteed and no warranty of accuracy or reliability is given or implied and no responsibility for any loss or damage arising in any way for any representation, act or omission is accepted by 542 Partners or GPS Wealth Ltd or any officer, agent or employee of 542 Partners or GPS Wealth Ltd.
542 Partners Pty Ltd is a Corporate Authorised Representative of GPS Wealth Ltd
Australian Representative Number: 001 239 368 | AFSL 254 544 | Australian Credit Licence 254 544
ABN 17 005 482 726
28 Hastings St Noosa Heads QLD 4567