Superfund Assist

Superfund Assist was established by Carol Halton to provide premium quality Self-Managed Super Fund (SMSF) assistance to trustees, accountants and financial advisors.  View entire SMSF portfolios in one place any time you like.

Superfund Assist in Bundall, Gold Coast, QLD is listed under Accountants specialising in services such as Tax Audits & Investigations, Business Activity Statements Preparation, Self Managed Super Funds (SMSF).

Additional services by Superfund Assist include Capital Gains Tax.

Call the staff at Superfund Assist to make an appointment with our friendly staff.

Our Vision

“For a long time I have believed that there is a gap between the level of service that the SMSF accounting/administration industry currently provides to  SMSF clients and the level of service that ought to be provided.  Often the once a year reporting we give to our clients is at best out-of-date and at worst irrelevant.

There has to be a better way!  This is why I established Superfund Assist.  I want you to think of us as your personal assistant when it comes to your SMSF.  I am here to answer your questions no matter how big or small, no matter how frequent or infrequent and to alert you to issues and provide advice in a timely and responsive manner.  I want to establish a firm with a reputation for providing exceptional professional service.  All of this to give you the peace of mind – to take the worry out of running your SMSF”.

Carol Halton
Director & Founder

About Carol

Carol Halton is a CPA who has worked in the accounting industry for almost 20 years, specialising in the SMSF industry for around 15 years.  Throughout her career Carol has worked for the likes of Perpetual Trustees Australia, Managed Financial Services, WHK and Quill Group. Carol has a wealth of experience in the SMSF industry and the passion to provide quality services, blending cutting edge technology with good old fashioned service and know how.

Don’t be misled by the terms “Self Managed” or “DIY”
Yes, an SMSF does give you unique authority to determine exactly how your super is invested, but the law is complex and the compliance burden can be onerous.  Are you making the most of your SMSF?  We believe that in a lot of cases many people just aren’t making the most of the retirement and tax planning opportunities available, or even worse, trustees are taking uninformed risks that can jeopardise the compliance status of their fund.

We relish the opportunity to take a team approach to your “DIY” fund where we work closely with you, your financial advisor, accountant and your lawyer to ensure you have a great plan in place to create and protect your wealth for a worry free retirement.  We are more than happy to work with your existing financial adviser and accountant.  In fact this is the cornerstone or our approach.

The Benefits are Obvious

For Accountants

Stop Writing Off Fees because you need to re-skill every time you pick up and SMSF job

Staffing issues – no need to recruit, retain and train specialist staff

Premium Service – provide premium quality SMSF services – even if you only have one SMSF client

Improve your Product Suite – don’t turn away SMSF clients because you don’t have the expertise – add this service to offer a complete product suite to your clients

Target Clients – target this service to those SMSF clients who would benefit from a bookkeeping/personal assistant approach.  This is a great option for those clients who:

actively trade investments
have commercial property and are registered for GST
are at risk of making excess contributions
are at risk of drawing greater than their 10% maximum transition to retirement income stream

For Financial Advisers
I can hear you already, “We already have access to all of that information!” Do you really?  Are you really able to keep your finger on the pulse of:
Complete Portfolio Values – including direct property and collectibles
Working Bank Account Balances – Do you know:
what the year to date contributions are?
what the year to date rental income is?
what the year to date pension payments are?
if there is excess cash available for investment in the working bank account?
Member Balances – can you access an up to date member benefit estimate showing the tax free/ taxable amounts?
Pension Commencement – start a pension today.  With Superfund Assist it is just as easy to do the pension calculations today as it is at the end of the financial year.
Technical SMSF Advice – sure you’re great with recommending investment portfolio advice, but could you use some support when it comes to super advice, tax consequences and documentation requirements?

For SMSF Trustees
It’s your fund – stay on top of what happens by accessing your accounts anytime from anywhere you have a secure internet connection.
Relevant – access the following timely fund information:
real time, complete, investment portfolio values
monthly member benefit estimates
year to date contributions
year to date pension payments
year to date investment income
year to date rental income & expenses
potential capital gain/loss on sale of investments
Fixed Fees – fees are set up front and paid simply and easily by monthly direct debit from your SMSF bank account
Accessible & Responsive – need someone professional, but friendly to confer with. No question is too big or too small.  We want to talk to you, your financial adviser and your accountant as and when things happen – not just once a year.  Each of your advisers has a key role to play and communication is key
We are specialists – we stick to what we know. We do not prepare and lodge tax returns for individuals or entities other than SMSF’s.

Services

Most SMSF administrators & accountants provide you with annual reporting services. At Superfund Assist you will enjoy all the usual annual administration services but we also provide the added assistance of accounting for transactions daily where possible, monthly at the latest.

We exist to take the hassle out of establishing and running your fund. The very best decisions are made when you have up-to-date, reliable & accurate information – a service we are committed to providing, Couple this with access to sound professional advice & we believe we have a service that you’ll want to tell your friends about!

Administration Service
Our administration packages include ongoing & financial year end services:

Ongoing Services:
Maintaining all records & books of account
Recording contributions & their tax components
Recording benefit payments & their tax components
Maintenance of investment transactions including calculation of capital gains/losses & applicable tax consequences
Access to online porftolio reporting systems
Maintenance of member fund information
Preparation & lodgement of instalment & business activity statements
Compliance review, monitoring fund dealings to ensure they are in accordance with the trust deed & SIS legislation
Liaison with your financial advisor/accountant, including the provision of access to online portfolio reporting systems
Unlimited general telephone support
Optional mailing house support

Financial Year End Services
Preparation of Financial Statements
Preparation & lodgement of the funds regulatory & income tax return
Provision of investment summary reports, general ledger reports & tax reconciliation reports
Preparation of minutes & resolutions of trustee/member meetings
Arranging for independent audit of the fund (completed by an external auditor) & liaising with such auditor
Calculation of the annual minimum & maximum pension benefits
Facilitation of an annual meeting of trustees reviewing the funds performance and planning for the future
A once off set-up fee of $400 is payable when transferring an existing SMSF to Superfund Assist.

Our administration service fees usually range between $125 – $300 per month but are subject to negotiation based on the complexity of the fund & the volume of transactions. Your annual fee is set up front and is payable monthly by direct debit from your SMSF bank account.

Additional Services
The following services are subject to additional fees:
Annual Audit (completed by an external auditor)
Provision of an Actuarial Certificate (where necessary)
SMSF Establishment with individuals or corporate trustees
Pension and or Lump Sum calculations, establishment and documentation
Provision of written tax advice in relation to specific SMSF events
Liaison with ATO in the event of an SMSF review or audit
Services for Accountants & Financial Advisors
Outsourcing & back office support
Technical SMSF support
SMSF Training & Seminars
Class Super Training

What we don’t do
We are not licensed financial advisors and we do not provide advice in relation to investments
We do not prepare or lodge tax returns for entities other than SMSFs or indviduals