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Showing posts with the label Self Managed Super Fund Bella Vista

Lessen your burden with a tax agent

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Tax agent There are two definitions of tax agents; the first is an individual who represents the government in audit and collection proceedings to ensure people and businesses pay their taxes is referred to as a "tax agent." The second definition applies to someone who prepares taxes on behalf of others, providing professional assistance to individuals and businesses who are unable or unwilling to do so on their own. It takes a lot of effort to run a small company. You know how much time it takes to make sure everything runs smoothly, whether you're just starting or have years of experience growing and developing your company. It's easy to feel overwhelmed when you add the many complex workflows that come with tax planning and enforcement to all of the time and effort spent meeting your company's core needs. Many Tax agents in Bella vista have a range of services that make dealing with tax issues much easier, giving you more time to concentrate on your company. R...

Advantages of Self Managed Super Fund

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  For most Australians, retirement is the main aim, but it also means no longer earning a monthly salary. The Australian government has taken a range of initiatives to enable people to save for retirement, the most notable of which is the implementation of mandatory contributions to retirement savings into Superannuation for an individual's working life in a low-tax environment. A Self-Managed Superannuation Fund (SMSF), which allows people to directly monitor and manage how their retirement funds are invested, is a common way to save for retirement. However, SMSFs are governed by a large number of rules and regulations, which puts a great deal of responsibility on someone managing one and therefore may not be appropriate for all. There are some main advantages of maintaining your SMSF: 1.       Investment choice One of the key benefits to an SMSF is its discretionary investment and a more varied selection of SMSF members' investment options, in contrast to industri...