SMSF ACCOUNTANTS IN PERTH
As self-managed superannuation funds (SMSF) are becoming increasingly popular, there has been an increase on the rules, regulations and penalties surrounding them. As the fund’s trustee, it’s your responsibility to make sure the fund is correctly and professionally audited, which is why our accountants in Perth at Dry Kirkness are here to provide you with professional advice regarding how to keep your self-managed super fund compliant.
AUDITS & COMPLIANCE FOR SELF-MANAGED SUPER FUNDS
The Australian Taxation Office has recently increased the penalties for non-compliance, and now has the power to freeze your assets or even remove you as the fund’s trustee. This means it’s more important than ever to comply with superannuation law.
A self-managed superannuation fund audit is a complex procedure, and only ASIC-registered auditors independent from the your Self Managed Superannuation Fund accountant is authorised to perform them.
Dry Kirkness has expert knowledge in tax and compliance for self-managed superannuation funds in Perth, and enjoys providing this service to our clients. To meet the requirements of the restructured APES 110 Code of Ethics for Professional Accountants we are no longer eligible to conduct the self-managed superannuation fund audit as well.
When it comes to your self-managed superannuation fund, it’s crucial that you have a registered auditor assess its compliance and performance. We can introduce you to a registered auditor for an individualised and comprehensive assessment who is specifically skilled in this area.
SMSF SUPPORT WITH DRY KIRKNESS
While Dry Kirkness is not an investment advisor, our extensive experience and knowledge base as an independent accounting firm means we can provide important insights into your self-managed superanuation fund to ensure it is both compliant and optimally performing.